Alamance Extended Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,505,026 | 17,448,928 | 56,098 | -9.4 | 37% |
| 2012 | 18,197,147 | 17,705,438 | 491,709 | -9.0 | 38% |
| 2013 | 14,100,750 | 13,078,562 | 1,022,188 | 8.0 | 0% |
| 2014 | 15,458,376 | 15,274,735 | 183,641 | 42.4 | 5% |
| 2015 | 17,338,336 | 16,674,040 | 664,296 | 39.5 | 38% |
| 2016 | 17,230,578 | 17,485,823 | −255,245 | 37.5 | 38% |
| 2017 | 17,669,557 | 18,356,309 | −686,752 | 35.3 | 38% |
| 2018 | 16,622,408 | 17,723,317 | −1,100,909 | 34.1 | 34% |
| 2019 | 17,976,499 | 18,794,030 | −817,531 | 31.7 | 35% |
| 2020 | 16,543,421 | 22,895,806 | −6,352,385 | 22.6 | 24% |
| 2021 | 13,908,822 | 15,284,598 | −1,375,776 | 32.8 | 28% |
| 2022 | 11,909,795 | 12,516,487 | −606,692 | 4.9 | 30% |
| 2023 | 13,581,026 | 16,318,978 | −2,737,952 | -1.9 | 35% |
In its most recent public year (2023), this organization spent $2,737,952 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), up from -9.4 in 2011. Staff pay was 35% of spending. $204,551 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 Extended 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