Huntsville-Madison County Senior Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,885,556 | 1,677,695 | 207,861 | 5.9 | 49% |
| 2021 | 2,345,512 | 1,899,852 | 445,660 | 8.0 | 40% |
| 2022 | 2,340,837 | 1,938,182 | 402,655 | 9.2 | 39% |
| 2023 | 2,668,329 | 2,059,924 | 608,405 | 12.2 | 41% |
In its most recent public year (2023), this organization brought in $608,405 more than it spent. Its reserves stood at about 12.2 months of spending, up from 5.9 in 2020. Staff pay was 41% of spending. $103,761 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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