Belmont Independent Living Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 609,083 | 596,411 | 12,672 | -16.2 | 12% |
| 2022 | 585,372 | 563,671 | 21,701 | -16.7 | 9% |
| 2023 | 618,273 | 589,809 | 28,464 | -15.4 | 20% |
| 2024 | 637,783 | 609,955 | 27,828 | -14.3 | 21% |
In its most recent public year (2024), this organization brought in $27,828 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-14.3 months), up from -16.2 in 2021. Staff pay was 21% of spending. $10,938 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works