Masonicare Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,772,682 | 16,694,221 | −7,921,539 | -61.3 | 55% |
| 2021 | 7,389,407 | 14,941,508 | −7,552,101 | -60.2 | 54% |
| 2022 | 7,599,308 | 15,408,898 | −7,809,590 | -62.7 | 50% |
| 2023 | 15,691,064 | 16,128,054 | −436,990 | -56.1 | 50% |
In its most recent public year (2023), this organization spent $436,990 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-56.1 months), up from -61.3 in 2020. Staff pay was 50% 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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