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

River Grove Retirement Community Inc

Grand Rapids, MI / EIN 38-3519530 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011235,240325,774−90,534-16.219%
2012264,076332,634−68,558-18.320%
2013272,826377,073−104,247-19.519%
2014292,318379,670−87,352-22.120%
2015290,415398,549−108,134-24.320%
2016304,753413,689−108,936-26.621%
2017322,384394,770−72,386-30.123%
2018331,943378,232−46,289-32.818%
2019333,424384,185−50,761-33.920%
2020336,236360,700−24,464-36.919%
2021428,259402,74625,513-32.315%
2022325,549373,162−47,613-39.218%
2023310,149393,600−83,451-39.718%

In its most recent public year (2023), this organization spent $83,451 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.7 months), down from -16.2 in 2011. Staff pay was 18% 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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