Greater Lynn Senior Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 68,910,879 | 70,754,586 | −1,843,707 | 0.8 | 36% |
| 2021 | 40,529,728 | 40,743,136 | −213,408 | 1.4 | 26% |
| 2022 | 54,014,543 | 47,236,024 | 6,778,519 | 2.9 | 25% |
| 2023 | 56,234,879 | 55,906,841 | 328,038 | 2.6 | 22% |
In its most recent public year (2023), this organization brought in $328,038 more than it spent. Its reserves stood at about 2.6 months of spending, up from 0.8 in 2020. Staff pay was 22% of spending. $503,332 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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