Northland Lutheran Housing For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 768,139 | 826,033 | −57,894 | -8.4 | 19% |
| 2012 | 749,835 | 824,094 | −74,259 | -9.5 | 17% |
| 2013 | 766,166 | 807,597 | −41,431 | -10.3 | 19% |
| 2014 | 718,156 | 808,054 | −89,898 | -11.3 | 16% |
| 2015 | 722,984 | 767,851 | −44,867 | -12.6 | 15% |
| 2016 | 775,190 | 756,012 | 19,178 | -12.5 | 16% |
| 2017 | 785,260 | 756,233 | 29,027 | -12.0 | 18% |
| 2018 | 807,672 | 783,882 | 23,790 | -11.3 | 18% |
| 2019 | 818,884 | 802,803 | 16,081 | -10.7 | 16% |
| 2020 | 820,975 | 756,056 | 64,919 | -10.4 | 19% |
| 2021 | 871,035 | 779,931 | 91,104 | -8.7 | 20% |
| 2022 | 861,390 | 839,800 | 21,590 | -7.7 | 18% |
| 2023 | 1,000,431 | 857,565 | 142,866 | -5.6 | 18% |
In its most recent public year (2023), this organization brought in $142,866 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.6 months), up from -8.4 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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