Glenbrook Road Elderly Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 712,398 | 492,445 | 219,953 | 67.2 | 0% |
| 2021 | 654,584 | 488,000 | 166,584 | 25.4 | 0% |
| 2022 | 766,350 | 829,007 | −62,657 | 14.0 | 0% |
| 2023 | 1,048,972 | 997,755 | 51,217 | -27.9 | 0% |
In its most recent public year (2023), this organization brought in $51,217 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-27.9 months), down from 67.2 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 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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