Operating record

Symmes Life Care Inc

Lexington, MA · EIN 04-2853296 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$26,155,048$26,602,661−$447,613-8.937%
2021$30,707,208$30,236,520$470,688-3.934%
2022$31,035,434$31,614,495−$579,061-8.834%
2023$33,832,028$32,993,310$838,718-5.535%

In its most recent public year (2023), this organization brought in $838,718 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.5 months), up from -8.9 in 2020. Staff pay was 35% of spending. $1,822,642 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 ↗