Seniors Independent Living Collaborative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 300,000 | 244,707 | 55,293 | 2.7 | 0% |
| 2020 | 325,070 | 321,460 | 3,610 | 6.2 | 0% |
| 2021 | 6,322 | 118,355 | −112,033 | 5.4 | — |
| 2023 | 74,998 | 75,113 | −115 | 7.9 | — |
In its most recent public year (2023), this organization spent $115 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 2.7 in 2019.
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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