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

Agape Retirement Home Inc

Valdese, NC / EIN 58-1522484 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011229,137247,100−17,963-24.10%
2012244,178255,525−11,347-23.80%
2013241,150262,005−20,855-24.20%
2014246,448275,602−29,154-24.30%
2015253,699274,834−21,135-25.30%
2016255,394267,254−11,860-26.50%
2017256,037259,519−3,482-27.50%
2018265,030251,68513,345-27.70%
2019271,104258,66012,444-26.40%
2020274,346262,63111,715-25.40%
2021276,138246,92129,217-25.60%
2022280,309249,43830,871-23.90%
2023289,956249,69640,260-21.90%

In its most recent public year (2023), this organization brought in $40,260 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-21.9 months), up from -24.1 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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