Beginnings Care For Life Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,765 | 66,212 | 10,553 | 19.3 | — |
| 2012 | 76,890 | 74,753 | 2,137 | 17.4 | — |
| 2013 | 121,184 | 112,057 | 9,127 | 12.6 | — |
| 2014 | 97,675 | 88,363 | 9,312 | 17.2 | — |
| 2015 | 78,463 | 85,276 | −6,813 | 16.1 | — |
| 2016 | 109,785 | 103,384 | 6,401 | 14.7 | — |
| 2017 | 112,107 | 111,679 | 428 | 12.9 | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 500,610 | 143,577 | 357,033 | 34.2 | 46% |
| 2020 | 187,666 | 131,086 | 56,580 | 43.8 | — |
| 2021 | 176,906 | 145,252 | 31,654 | 42.1 | 53% |
| 2022 | 248,293 | 168,089 | 80,204 | 40.9 | 60% |
| 2023 | 232,180 | 169,510 | 62,670 | 45.5 | 59% |
In its most recent public year (2023), this organization brought in $62,670 more than it spent. Its reserves stood at about 45.5 months of spending, up from 19.3 in 2011. Staff pay was 59% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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