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

Baileys Grove Retirement Community Inc

Grand Rapids, MI / EIN 38-3643825 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011260,308298,238−37,930-16.620%
2012260,767301,189−40,422-18.021%
2013265,724320,593−54,869-19.023%
2014281,676347,691−66,015-19.822%
2015278,742353,417−74,675-22.022%
2016273,979375,650−101,671-24.022%
2017290,632370,570−79,938-26.923%
2018335,232361,556−26,324-28.420%
2019307,560359,616−52,056-30.317%
2020298,344333,458−35,114-33.919%
2021262,985345,550−82,565-35.619%
2022248,476357,558−109,082-38.117%
2023296,918334,227−37,309-42.117%

In its most recent public year (2023), this organization spent $37,309 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42.1 months), down from -16.6 in 2011. Staff pay was 17% 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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