Lutheran Retirement Center Wilmington Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 15,150 | −15,150 | -777.7 | 0% |
| 2012 | 1 | 16,613 | −16,612 | -721.2 | 0% |
| 2013 | 1 | 8,375 | −8,374 | -1442.7 | 0% |
| 2014 | 0 | 26,686 | −26,686 | -464.8 | 0% |
| 2015 | 0 | 20,269 | −20,269 | -623.9 | 0% |
| 2016 | 0 | 13,796 | −13,796 | -928.6 | 0% |
| 2017 | 2 | 21,869 | −21,867 | -597.8 | 0% |
| 2018 | 258 | 16,427 | −16,169 | -807.7 | 0% |
| 2019 | 35,603 | 1,048,142 | −1,012,539 | -42.5 | 0% |
| 2020 | 36,695 | 925,937 | −889,242 | -59.6 | 32% |
| 2021 | 410,132 | 936,741 | −526,609 | -96.2 | 29% |
| 2022 | 529,290 | 1,454,260 | −924,970 | -69.6 | 42% |
| 2023 | 11,257,774 | 11,123,047 | 134,727 | -9.0 | 26% |
In its most recent public year (2023), this organization brought in $134,727 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9 months), up from -777.7 in 2011. Staff pay was 26% 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
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