South Richmond Adult Day Care Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 256,122 | 336,046 | −79,924 | 0.4 | 0% |
| 2021 | 265,052 | 311,503 | −46,451 | -1.2 | 61% |
| 2022 | 381,298 | 312,548 | 68,750 | 1.3 | 64% |
| 2023 | 441,269 | 401,368 | 39,901 | 2.2 | 56% |
In its most recent public year (2023), this organization brought in $39,901 more than it spent. Its reserves stood at about 2.2 months of spending, up from 0.4 in 2020. Staff pay was 56% 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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