Gothenburg Senior Citizens Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 158,175 | 162,277 | −4,102 | 30.5 | — |
| 2012 | 169,990 | 170,459 | −469 | 29.0 | — |
| 2013 | 176,234 | 174,926 | 1,308 | 28.3 | — |
| 2014 | 185,210 | 182,505 | 2,705 | 27.3 | 46% |
| 2015 | 201,915 | 202,981 | −1,066 | 24.4 | 49% |
| 2016 | 197,470 | 196,758 | 712 | 25.3 | 52% |
| 2017 | 213,005 | 211,815 | 1,190 | 23.5 | 50% |
| 2018 | 245,791 | 240,780 | 5,011 | 21.0 | 46% |
| 2019 | 219,442 | 219,867 | −425 | 22.9 | 51% |
| 2020 | 248,149 | 224,128 | 24,021 | 23.8 | 50% |
| 2021 | 256,433 | 249,917 | 6,516 | 21.6 | 47% |
| 2022 | 277,066 | 294,870 | −17,804 | 17.6 | 38% |
| 2023 | 332,765 | 321,347 | 11,418 | 16.6 | 43% |
In its most recent public year (2023), this organization brought in $11,418 more than it spent. Its reserves stood at about 16.6 months of spending, down from 30.5 in 2011. Staff pay was 43% of spending. $80,250 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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