Skaalen Nursing And Rehabilitation Center Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $12,803,821 | $12,939,760 | −$135,939 | 3.8 | 49% |
| 2021 | $12,881,900 | $12,843,757 | $38,143 | 3.8 | 45% |
| 2022 | $9,512,506 | $12,743,850 | −$3,231,344 | 0.8 | 45% |
| 2023 | $12,067,034 | $13,578,430 | −$1,511,396 | -0.6 | 44% |
In its most recent public year (2023), this organization spent $1,511,396 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 3.8 in 2020. Staff pay was 44% of spending. $1,068,840 of its net assets are donor-restricted.
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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