Residences At Sherburne Commons Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 408 | −408 | -12.0 | — |
| 2015 | 2,754,724 | 2,757,623 | −2,899 | -0.0 | 0% |
| 2016 | 2,659,095 | 2,636,810 | 22,285 | 0.1 | 40% |
| 2017 | 3,557,699 | 2,934,263 | 623,436 | 2.6 | 42% |
| 2018 | 3,569,133 | 2,942,879 | 626,254 | 5.2 | 51% |
| 2019 | 3,887,263 | 2,975,555 | 911,708 | 8.8 | 6% |
| 2020 | 3,195,824 | 3,046,827 | 148,997 | 9.2 | 47% |
| 2021 | 3,676,956 | 2,914,153 | 762,803 | 12.7 | 44% |
| 2022 | 2,886,756 | 2,864,641 | 22,115 | 13.0 | 41% |
| 2023 | 2,917,025 | 3,237,544 | −320,519 | 10.4 | 33% |
In its most recent public year (2023), this organization spent $320,519 more than it brought in. Its reserves stood at about 10.4 months of spending, up from -12 in 2014. Staff pay was 33% 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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