Jgs Lifecare Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 145,441 | 437,076 | −291,635 | 1146.4 | 0% |
| 2021 | −57,278 | 432,041 | −489,319 | -252.6 | 0% |
| 2022 | 16,120 | 1,141,010 | −1,124,890 | -108.6 | 0% |
| 2023 | 3,714 | 981,101 | −977,387 | -137.7 | 0% |
In its most recent public year (2023), this organization spent $977,387 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-137.7 months), down from 1146.4 in 2020. Staff pay was 0% of spending. $1,210,662 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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