Greenwood Elderly Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 372,940 | 379,150 | −6,210 | -13.4 | 0% |
| 2012 | 379,970 | 396,038 | −16,068 | -13.3 | 0% |
| 2013 | 409,778 | 400,931 | 8,847 | -12.9 | 0% |
| 2014 | 412,906 | 406,704 | 6,202 | -12.5 | 0% |
| 2015 | 420,311 | 407,768 | 12,543 | -12.1 | 0% |
| 2016 | 422,846 | 416,105 | 6,741 | -11.7 | 0% |
| 2017 | 432,083 | 412,884 | 19,199 | -11.2 | 0% |
| 2018 | 441,993 | 441,483 | 510 | -10.5 | 0% |
| 2019 | 450,084 | 442,363 | 7,721 | -10.2 | 0% |
| 2020 | 455,786 | 418,063 | 37,723 | -9.8 | 0% |
| 2021 | 464,384 | 421,695 | 42,689 | -8.5 | 22% |
| 2022 | 472,179 | 457,032 | 15,147 | -7.4 | 21% |
| 2023 | 486,618 | 422,031 | 64,587 | -6.2 | 24% |
In its most recent public year (2023), this organization brought in $64,587 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.2 months), up from -13.4 in 2011. Staff pay was 24% 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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