Piedmont Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 136,321 | 192,387 | −56,066 | -64.9 | 13% |
| 2012 | 157,530 | 218,252 | −60,722 | -60.6 | 11% |
| 2013 | 173,989 | 216,912 | −42,923 | -63.3 | 18% |
| 2014 | 168,226 | 198,150 | −29,924 | -71.1 | 11% |
| 2015 | 172,005 | 220,602 | −48,597 | -66.5 | 14% |
| 2016 | 165,059 | 227,252 | −62,193 | -67.9 | 15% |
| 2017 | 181,340 | 224,027 | −42,687 | -71.1 | 14% |
| 2018 | 200,348 | 223,120 | −22,772 | -72.7 | 15% |
| 2019 | 197,404 | 262,231 | −64,827 | -64.8 | 12% |
| 2020 | 211,275 | 214,938 | −3,663 | -79.2 | 24% |
| 2021 | 208,161 | 203,620 | 4,541 | -83.4 | 20% |
| 2022 | 226,660 | 247,214 | −20,554 | -69.7 | 14% |
| 2023 | 293,975 | 238,422 | 55,553 | -69.4 | 14% |
In its most recent public year (2023), this organization brought in $55,553 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-69.4 months), down from -64.9 in 2011. Staff pay was 14% 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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