Alamance Elder Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 437,439 | 463,561 | −26,122 | 4.6 | 59% |
| 2012 | 407,495 | 493,062 | −85,567 | 2.6 | 59% |
| 2013 | 439,619 | 424,187 | 15,432 | 4.2 | 55% |
| 2014 | 441,813 | 386,497 | 55,316 | 6.5 | 56% |
| 2015 | 435,652 | 361,885 | 73,767 | 9.3 | 59% |
| 2016 | 396,793 | 416,194 | −19,401 | 7.8 | 54% |
| 2017 | 404,553 | 348,682 | 55,871 | 11.7 | 62% |
| 2018 | 136,577 | 186,367 | −49,790 | 18.5 | 59% |
| 2019 | 480,929 | 389,990 | 90,939 | 11.6 | 59% |
| 2020 | 478,765 | 420,417 | 58,348 | 12.3 | 58% |
| 2021 | 566,461 | 438,102 | 128,359 | 16.2 | 54% |
| 2022 | 548,545 | 487,459 | 61,086 | 15.5 | 45% |
| 2023 | 560,136 | 647,418 | −87,282 | 10.2 | 45% |
In its most recent public year (2023), this organization spent $87,282 more than it brought in. Its reserves stood at about 10.2 months of spending, up from 4.6 in 2011. Staff pay was 45% of spending. $10,798 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
Alamance Elder Care Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works