Central Park Senior Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 236,835 | 259,887 | −23,052 | 39.8 | 0% |
| 2022 | 199,522 | 281,096 | −81,574 | 33.4 | 0% |
| 2023 | 206,918 | 266,144 | −59,226 | 32.6 | 0% |
In its most recent public year (2023), this organization spent $59,226 more than it brought in. Its reserves stood at about 32.6 months of spending, down from 39.8 in 2021. Staff pay was 0% of spending. $1,878,900 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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