Mi Nursing-Restorative Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,920,434 | 19,091,145 | 1,829,289 | 13.3 | 57% |
| 2012 | 20,139,092 | 19,039,045 | 1,100,047 | 14.5 | 57% |
| 2013 | 19,490,220 | 18,607,494 | 882,726 | 16.0 | 58% |
| 2014 | 24,022,978 | 18,557,065 | 5,465,913 | 19.7 | 58% |
| 2015 | 19,696,615 | 18,316,709 | 1,379,906 | 20.5 | 60% |
| 2016 | 19,866,202 | 18,769,152 | 1,097,050 | 21.4 | 60% |
| 2017 | 20,339,435 | 19,691,903 | 647,532 | 22.2 | 60% |
| 2018 | 20,526,926 | 19,667,590 | 859,336 | 21.6 | 60% |
| 2019 | 22,495,417 | 20,149,330 | 2,346,087 | 23.8 | 58% |
| 2020 | 19,282,799 | 18,229,713 | 1,053,086 | 26.7 | 55% |
| 2021 | 23,001,578 | 17,367,522 | 5,634,056 | 29.4 | 47% |
| 2022 | 16,330,713 | 19,531,118 | −3,200,405 | 27.4 | 46% |
| 2023 | 19,216,835 | 20,889,019 | −1,672,184 | 28.4 | 46% |
In its most recent public year (2023), this organization spent $1,672,184 more than it brought in. Its reserves stood at about 28.4 months of spending, up from 13.3 in 2011. Staff pay was 46% of spending. $62,700 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
Mi Nursing-Restorative Center Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works