Elim Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 29,080 | −29,080 | 1226.0 | 0% |
| 2017 | 95,599 | 262,812 | −167,213 | 123.6 | 0% |
| 2018 | 2,500 | 982,078 | −979,578 | 20.7 | 18% |
| 2019 | 1,580,560 | 6,996,657 | −5,416,097 | -6.0 | 20% |
| 2020 | 5,343,941 | 9,605,638 | −4,261,697 | -9.5 | 28% |
| 2021 | 6,405,672 | 9,963,988 | −3,558,316 | -13.6 | 26% |
| 2022 | 9,188,090 | 11,426,669 | −2,238,579 | -13.1 | 30% |
| 2023 | 10,860,571 | 11,478,938 | −618,367 | -13.6 | 31% |
In its most recent public year (2023), this organization spent $618,367 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.6 months). Staff pay was 31% of spending. $8,235 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works