Madison County Nursing Homes Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,033 | 45,988 | −22,955 | 72.2 | — |
| 2012 | 23,080 | 3,676 | 19,404 | 966.6 | — |
| 2013 | 23,043 | 825 | 22,218 | 4630.3 | — |
| 2023 | 22,392 | 66,693 | −44,301 | 49.3 | — |
In its most recent public year (2023), this organization spent $44,301 more than it brought in. Its reserves stood at about 49.3 months of spending, down from 72.2 in 2011.
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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