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

Lake Cumberland Mr Independent Living Complex Inc

Somerset, KY / EIN 61-1150057 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011293,950293,634316-5.126%
2012293,110305,057−11,947-5.324%
2013239,696312,375−72,679-8.023%
2014304,415333,122−28,707-8.522%
2015322,937346,189−23,252-9.023%
2016328,521329,268−747-9.529%
2017352,944347,8725,072-8.928%
2018349,343322,32527,018-8.531%
2019344,075318,22425,851-7.729%
2020343,662317,08526,577-6.728%
2021371,430322,23749,193-4.830%
2022366,889323,02543,864-3.130%
2023373,084347,56225,522-2.036%

In its most recent public year (2023), this organization brought in $25,522 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2 months), up from -5.1 in 2011. Staff pay was 36% 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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