Lutheran Home Forsyth County Property Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1 | 1 | 0 | 8156388.0 | 0% |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 25,000 | 745 | 24,255 | 390.7 | 0% |
| 2015 | 600,000 | 225,615 | 374,385 | 21.2 | 0% |
| 2016 | 600,000 | 712,501 | −112,501 | 4.8 | 0% |
| 2017 | 704,564 | 730,185 | −25,621 | 4.6 | 0% |
| 2018 | 708,034 | 828,647 | −120,613 | 2.5 | 0% |
| 2019 | 708,872 | 900,134 | −191,262 | -0.2 | 0% |
| 2020 | 876,907 | 734,058 | 142,849 | 2.4 | 0% |
| 2021 | 719,412 | 735,031 | −15,619 | 2.9 | 0% |
| 2022 | 711,289 | 863,989 | −152,700 | -0.9 | 0% |
| 2023 | 1,043,994 | 765,458 | 278,536 | 3.9 | 0% |
In its most recent public year (2023), this organization brought in $278,536 more than it spent. Its reserves stood at about 3.9 months of spending, down from 8156388 in 2012. 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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