Memorylane Care Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 708,413 | 270,157 | 438,256 | 19.5 | 41% |
| 2017 | 753,167 | 637,430 | 115,737 | 10.4 | 41% |
| 2018 | 826,804 | 834,336 | −7,532 | 7.9 | 45% |
| 2019 | 1,008,334 | 1,007,014 | 1,320 | 6.5 | 43% |
| 2020 | 889,153 | 954,493 | −65,340 | 6.1 | 41% |
| 2021 | 1,221,935 | 1,184,455 | 37,480 | 5.3 | 39% |
| 2022 | 1,319,236 | 1,282,463 | 36,773 | 5.2 | 7% |
| 2023 | 1,182,302 | 1,264,689 | −82,387 | 4.5 | 52% |
In its most recent public year (2023), this organization spent $82,387 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 19.5 in 2016. Staff pay was 52% 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
Memorylane Care Services'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