Northfield Retirement Communities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,139,861 | 7,013,556 | −873,695 | 12.2 | 44% |
| 2013 | 7,011,745 | 7,386,508 | −374,763 | 11.3 | 44% |
| 2014 | 7,120,586 | 7,363,301 | −242,715 | 11.3 | 43% |
| 2015 | 7,765,453 | 7,871,201 | −105,748 | 10.6 | 42% |
| 2016 | 8,542,238 | 8,007,373 | 534,865 | 11.0 | 41% |
| 2017 | 7,024,547 | 8,312,714 | −1,288,167 | 9.3 | 46% |
| 2018 | 7,884,463 | 7,955,737 | −71,274 | 9.6 | 47% |
| 2019 | 8,915,368 | 8,498,977 | 416,391 | 9.8 | 46% |
| 2020 | 8,893,975 | 8,664,623 | 229,352 | 9.3 | 45% |
| 2021 | 9,326,858 | 8,573,005 | 753,853 | 11.9 | 44% |
| 2022 | 9,168,864 | 9,598,103 | −429,239 | 9.7 | 40% |
| 2023 | 11,407,719 | 10,966,655 | 441,064 | 8.6 | 37% |
In its most recent public year (2023), this organization brought in $441,064 more than it spent. Its reserves stood at about 8.6 months of spending, down from 12.2 in 2012. Staff pay was 37% of spending. $3,321,798 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
Northfield Retirement Communities's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works