Carolina Senior Living
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 232,153 | 310,112 | −77,959 | 151.9 | 0% |
| 2021 | 226,748 | 330,523 | −103,775 | 138.8 | 0% |
| 2022 | 203,828 | 341,963 | −138,135 | 129.3 | 0% |
| 2023 | 223,981 | 387,768 | −163,787 | 108.9 | 0% |
In its most recent public year (2023), this organization spent $163,787 more than it brought in. Its reserves stood at about 108.9 months of spending, down from 151.9 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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