Terrace Gardens Retirement Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 609,485 | 578,538 | 30,947 | 6.0 | 58% |
| 2012 | 743,840 | 691,492 | 52,348 | 5.9 | 62% |
| 2013 | 913,230 | 864,522 | 48,708 | 5.4 | 62% |
| 2014 | 795,866 | 789,676 | 6,190 | 6.0 | 57% |
| 2015 | 703,090 | 691,655 | 11,435 | 7.1 | 59% |
| 2016 | 746,841 | 714,647 | 32,194 | 7.4 | 60% |
| 2017 | 760,811 | 768,640 | −7,829 | 6.7 | 61% |
| 2018 | 764,789 | 740,621 | 24,168 | 7.4 | 65% |
| 2019 | 761,262 | 728,318 | 32,944 | 8.0 | 64% |
| 2020 | 982,668 | 887,432 | 95,236 | 9.4 | 67% |
| 2021 | 1,161,326 | 906,269 | 255,057 | 12.6 | 66% |
| 2022 | 1,350,974 | 1,074,078 | 276,896 | 13.7 | 67% |
| 2023 | 1,487,246 | 1,192,504 | 294,742 | 15.3 | 66% |
| 2024 | 1,620,249 | 1,453,683 | 166,566 | 14.0 | 68% |
In its most recent public year (2024), this organization brought in $166,566 more than it spent. Its reserves stood at about 14 months of spending, up from 6 in 2011. Staff pay was 68% 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 2024. 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
Terrace Gardens Retirement Center Inc's IRS filings as a feed — one entry per filing year, through 2024. 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