Asheboro Friends Retirement Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 58,793 | 46,217 | 12,576 | 114.9 | — |
| 2021 | 65,268 | 34,874 | 30,394 | 162.8 | — |
| 2022 | 46,692 | 16,323 | 30,369 | 370.0 | 0% |
| 2023 | 27,492 | 14,551 | 12,941 | 425.4 | 0% |
| 2024 | 22,519 | 15,450 | 7,069 | 406.2 | 0% |
In its most recent public year (2024), this organization brought in $7,069 more than it spent. Its reserves stood at about 406.2 months of spending, up from 114.9 in 2020. 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 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
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