Morningstar Senior Living Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 396,533 | 356,120 | 40,413 | 129.4 | 0% |
| 2021 | 724,960 | 246,248 | 478,712 | 259.3 | 0% |
| 2022 | 556,507 | 270,858 | 285,649 | 211.8 | 0% |
| 2023 | 415,192 | 229,692 | 185,500 | 307.4 | 0% |
In its most recent public year (2023), this organization brought in $185,500 more than it spent. Its reserves stood at about 307.4 months of spending, up from 129.4 in 2020. Staff pay was 0% of spending. $1,084,026 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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