Life Senior Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,639,802 | 6,165,373 | 1,474,429 | 23.5 | 59% |
| 2021 | 13,173,615 | 7,626,708 | 5,546,907 | 27.9 | 60% |
| 2022 | 14,785,258 | 8,595,617 | 6,189,641 | 32.9 | 59% |
| 2023 | 9,723,277 | 8,394,845 | 1,328,432 | 36.1 | 57% |
In its most recent public year (2023), this organization brought in $1,328,432 more than it spent. Its reserves stood at about 36.1 months of spending, up from 23.5 in 2020. Staff pay was 57% of spending. $3,430,707 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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