Glastonbury Assisted Housing Non-Profit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 617,964 | 776,966 | −159,002 | -3.5 | 0% |
| 2021 | 607,297 | 726,706 | −119,409 | -5.8 | 0% |
| 2022 | 678,886 | 814,520 | −135,634 | -7.1 | 0% |
| 2023 | 748,041 | 910,292 | −162,251 | -8.5 | 0% |
In its most recent public year (2023), this organization spent $162,251 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.5 months), down from -3.5 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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