Milton Residences For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,204,897 | 1,261,745 | −56,848 | 14.5 | 74% |
| 2012 | 1,173,485 | 1,260,188 | −86,703 | 14.5 | 76% |
| 2013 | 1,167,398 | 1,208,189 | −40,791 | 15.5 | 78% |
| 2014 | 1,291,275 | 1,230,836 | 60,439 | 15.7 | 79% |
| 2015 | 1,524,160 | 1,278,614 | 245,546 | 16.6 | 80% |
| 2016 | 1,496,075 | 1,356,095 | 139,980 | 17.2 | 78% |
| 2017 | 1,534,188 | 1,384,822 | 149,366 | 19.4 | 79% |
| 2018 | 1,509,532 | 1,386,713 | 122,819 | 19.0 | 78% |
| 2019 | 1,538,808 | 1,617,025 | −78,217 | 17.6 | 75% |
| 2020 | 1,448,417 | 1,708,298 | −259,881 | 17.6 | 76% |
| 2021 | 1,956,990 | 1,623,168 | 333,822 | 21.8 | 76% |
| 2022 | 1,807,946 | 1,727,341 | 80,605 | 17.6 | 78% |
| 2023 | 1,846,089 | 1,770,882 | 75,207 | 19.5 | 78% |
In its most recent public year (2023), this organization brought in $75,207 more than it spent. Its reserves stood at about 19.5 months of spending, up from 14.5 in 2011. Staff pay was 78% 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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