Wichita Place Senior Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 138,527 | 261,312 | −122,785 | 119.9 | 13% |
| 2021 | 139,545 | 212,095 | −72,550 | 143.6 | 19% |
| 2022 | 145,869 | 246,396 | −100,527 | 118.7 | 18% |
| 2023 | 247,621 | 256,007 | −8,386 | 113.9 | 14% |
In its most recent public year (2023), this organization spent $8,386 more than it brought in. Its reserves stood at about 113.9 months of spending, down from 119.9 in 2020. Staff pay was 14% of spending. $3,052,100 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
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