everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Grace Nursing Center Inc

Morganton, NC / EIN 56-1838369 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20118,103,1657,839,703263,4623.760%
20128,310,4148,034,435275,9794.159%
20138,691,4288,405,194286,2344.364%
20148,337,9578,851,627−513,6703.461%
20158,526,9498,723,118−196,1693.264%
20167,633,8478,597,610−963,7631.966%
20178,397,0638,478,890−81,8271.863%
20188,274,9648,462,327−187,3631.562%
20194,742,4675,107,930−365,4631.650%
2020774,145200,596573,54975.50%
2021768,89589,857679,038259.26%
2022383,25033,122350,128830.00%
2023766,50069,290697,210517.50%

In its most recent public year (2023), this organization brought in $697,210 more than it spent. Its reserves stood at about 517.5 months of spending, up from 3.7 in 2011. Staff pay was 0% 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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