South Cove Nursing Facilities Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 579,878 | 76,982 | 502,896 | 2548.5 | 0% |
| 2021 | 1,487,301 | 109,698 | 1,377,603 | 1998.4 | 0% |
| 2022 | 1,017,488 | 115,571 | 901,917 | 1638.8 | 0% |
| 2023 | 354,568 | 129,545 | 225,023 | 1661.1 | 0% |
In its most recent public year (2023), this organization brought in $225,023 more than it spent. Its reserves stood at about 1661.1 months of spending, down from 2548.5 in 2020. Staff pay was 0% of spending. $78,300 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works