Connecticut Assisted Living Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 540,455 | 489,159 | 51,296 | 7.8 | 38% |
| 2021 | 570,468 | 548,197 | 22,271 | 7.9 | 36% |
| 2022 | 714,290 | 624,364 | 89,926 | 8.6 | 31% |
| 2023 | 801,491 | 757,867 | 43,624 | 7.6 | 27% |
In its most recent public year (2023), this organization brought in $43,624 more than it spent. Its reserves stood at about 7.6 months of spending. Staff pay was 27% 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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