Locust Grove Elderly Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 147,410 | 142,298 | 5,112 | -4.6 | 10% |
| 2021 | 162,484 | 137,389 | 25,095 | -2.6 | 6% |
| 2022 | 167,013 | 153,414 | 13,599 | -1.2 | 10% |
| 2023 | 179,606 | 176,482 | 3,124 | -1.8 | 8% |
In its most recent public year (2023), this organization brought in $3,124 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months), up from -4.6 in 2020. Staff pay was 8% 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
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