Golden Pacific Home Health Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 40,938 | 427,079 | −386,141 | -13.6 | 50% |
| 2013 | 514,144 | 725,085 | −210,941 | -11.5 | 62% |
| 2014 | 351,205 | 582,898 | −231,693 | -19.1 | 67% |
| 2015 | 1,218,037 | 1,041,972 | 176,065 | -8.6 | 47% |
| 2016 | 1,434,127 | 693,471 | 740,656 | -0.2 | 35% |
| 2017 | 470,110 | 607,856 | −137,746 | -5.1 | 62% |
| 2018 | 1,130,460 | 1,071,359 | 59,101 | -2.2 | 59% |
| 2019 | 2,426,860 | 2,295,789 | 131,071 | -0.3 | 51% |
| 2020 | 3,010,657 | 2,971,735 | 38,922 | -0.1 | 52% |
| 2021 | 2,784,295 | 2,756,084 | 28,211 | 0.0 | 57% |
| 2022 | 2,375,754 | 2,647,875 | −272,121 | -1.2 | 61% |
| 2023 | 2,479,578 | 2,536,209 | −56,631 | -1.6 | 61% |
In its most recent public year (2023), this organization spent $56,631 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), up from -13.6 in 2012. Staff pay was 61% 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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