Mayflower Retirement Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,884,235 | 19,133,355 | 750,880 | 11.1 | 39% |
| 2012 | 19,192,245 | 20,733,029 | −1,540,784 | 10.1 | 37% |
| 2013 | 20,243,239 | 20,153,673 | 89,566 | 11.5 | 39% |
| 2014 | 23,204,474 | 20,548,053 | 2,656,421 | 11.6 | 38% |
| 2015 | 21,794,678 | 21,485,356 | 309,322 | 10.5 | 38% |
| 2016 | 22,384,467 | 22,420,016 | −35,549 | 10.8 | 38% |
| 2017 | 24,537,711 | 23,333,048 | 1,204,663 | 11.9 | 38% |
| 2018 | 24,253,082 | 24,176,132 | 76,950 | 10.7 | 38% |
| 2019 | 21,696,029 | 24,040,426 | −2,344,397 | 10.4 | 39% |
| 2020 | 27,155,118 | 23,510,127 | 3,644,991 | 13.0 | 39% |
| 2021 | 27,498,707 | 25,527,409 | 1,971,298 | 13.6 | 35% |
| 2022 | 25,996,509 | 26,837,369 | −840,860 | 10.4 | 36% |
| 2023 | 30,866,579 | 37,615,793 | −6,749,214 | 5.9 | 34% |
In its most recent public year (2023), this organization spent $6,749,214 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 11.1 in 2011. Staff pay was 34% of spending. $213,025 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
Mayflower Retirement Center 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