South Norfolk Elderly Housing Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,696,702 | 1,637,253 | 59,449 | -3.6 | 0% |
| 2021 | 2,213,936 | 1,676,048 | 537,888 | 0.3 | 0% |
| 2022 | 1,143,288 | 1,181,102 | −37,814 | 2.4 | 0% |
| 2023 | 65,760 | 11,105 | 54,655 | 2714.4 | 0% |
In its most recent public year (2023), this organization brought in $54,655 more than it spent. Its reserves stood at about 2714.4 months of spending, up from -3.6 in 2020. Staff pay was 0% 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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