Independent Living Associates Of The Muscle Shoals Area Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 179,394 | 182,706 | −3,312 | -14.7 | 22% |
| 2013 | 186,202 | 178,576 | 7,626 | -16.0 | 21% |
| 2014 | 188,554 | 186,197 | 2,357 | -15.2 | 21% |
| 2015 | 189,768 | 318,368 | −128,600 | -13.9 | 13% |
| 2016 | 191,385 | 273,443 | −82,058 | -21.0 | 16% |
| 2017 | 191,836 | 190,875 | 961 | -30.0 | 22% |
| 2018 | 170,964 | 183,711 | −12,747 | -32.0 | 10% |
| 2019 | 184,000 | 202,691 | −18,691 | -28.8 | 8% |
| 2020 | 183,595 | 180,082 | 3,513 | -32.1 | 6% |
| 2021 | 194,778 | 179,574 | 15,204 | -31.2 | 5% |
| 2022 | 179,197 | 213,252 | −34,055 | -28.2 | 1% |
| 2023 | 187,750 | 215,443 | −27,693 | -29.5 | 3% |
| 2024 | 206,514 | 209,370 | −2,856 | -30.5 | 4% |
In its most recent public year (2024), this organization spent $2,856 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.5 months), down from -14.7 in 2012. Staff pay was 4% 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 2024. 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
Independent Living Associates Of The Muscle Shoals Area Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works