Memphis And Shelby County Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,662 | 82,648 | −44,986 | 12.9 | 37% |
| 2021 | 40,882 | 67,769 | −26,887 | 11.6 | 44% |
| 2022 | 91,423 | 102,536 | −11,113 | 6.4 | 29% |
| 2023 | 118,978 | 94,834 | 24,144 | 9.9 | 24% |
In its most recent public year (2023), this organization brought in $24,144 more than it spent. Its reserves stood at about 9.9 months of spending, down from 12.9 in 2020. Staff pay was 24% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works