South Cove Manor Nursing And Rehabilitation Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,497,174 | 16,156,472 | 1,340,702 | 8.4 | 57% |
| 2021 | 16,654,815 | 15,760,559 | 894,256 | 9.3 | 52% |
| 2022 | 17,244,849 | 16,132,291 | 1,112,558 | 10.0 | 55% |
| 2023 | 18,256,182 | 16,958,039 | 1,298,143 | 10.4 | 58% |
In its most recent public year (2023), this organization brought in $1,298,143 more than it spent. Its reserves stood at about 10.4 months of spending, up from 8.4 in 2020. Staff pay was 58% 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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