Tolland Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 431,417 | 484,489 | −53,072 | 56.8 | 15% |
| 2021 | 529,664 | 534,231 | −4,567 | 51.4 | 19% |
| 2022 | 468,606 | 523,392 | −54,786 | 51.2 | 16% |
| 2023 | 500,084 | 516,726 | −16,642 | 51.5 | 16% |
In its most recent public year (2023), this organization spent $16,642 more than it brought in. Its reserves stood at about 51.5 months of spending, down from 56.8 in 2020. Staff pay was 16% of spending. $3,798,000 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
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