everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Sparta Retirement Community Inc

Grand Rapids, MI / EIN 38-3445251 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011296,905346,053−49,148-15.221%
2012313,922358,423−44,501-16.121%
2013322,780371,618−48,838-17.118%
2014312,641406,054−93,413-18.419%
2015323,684372,988−49,304-21.722%
2016322,476375,916−53,440-23.222%
2017304,329401,412−97,083-24.623%
2018266,596404,842−138,246-28.520%
2019277,623400,947−123,324-32.518%
2020286,866389,590−102,724-36.619%
2021286,387377,571−91,184-40.716%
2022284,006392,257−108,251-42.417%
2023280,087366,048−85,961-48.313%

In its most recent public year (2023), this organization spent $85,961 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.3 months), down from -15.2 in 2011. Staff pay was 13% 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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