Summerfield Senior Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 135,035 | 213,628 | −78,593 | 68.7 | 17% |
| 2013 | 156,204 | 205,576 | −49,372 | 68.5 | 17% |
| 2014 | 159,109 | 205,186 | −46,077 | 65.9 | 16% |
| 2015 | 161,166 | 198,048 | −36,882 | 66.1 | 13% |
| 2016 | 161,455 | 219,370 | −57,915 | 56.5 | 16% |
| 2017 | 203,711 | 221,840 | −18,129 | 54.9 | 0% |
| 2018 | 161,375 | 259,518 | −98,143 | 42.4 | 0% |
| 2019 | 178,187 | 262,449 | −84,262 | 38.0 | 0% |
| 2020 | 198,227 | 260,737 | −62,510 | 35.4 | 0% |
| 2021 | 203,677 | 265,277 | −61,600 | 32.0 | 0% |
| 2022 | 217,955 | 279,247 | −61,292 | 27.8 | 0% |
| 2023 | 230,286 | 292,361 | −62,075 | 24.0 | 0% |
In its most recent public year (2023), this organization spent $62,075 more than it brought in. Its reserves stood at about 24 months of spending, down from 68.7 in 2012. Staff pay was 0% of spending. $1,931,183 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
Summerfield Senior Residences Inc's IRS filings as a feed — one entry per filing year, through 2023. 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