Senior Living Of Bedford
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 237,191 | 46,487 | 190,704 | 49.2 | 0% |
| 2021 | 52,898 | 1,438,831 | −1,385,933 | -10.0 | 16% |
| 2022 | 3,821,536 | 8,122,632 | −4,301,096 | -8.1 | 20% |
| 2023 | 8,581,635 | 10,401,490 | −1,819,855 | -8.4 | 31% |
| 2024 | 11,760,691 | 11,879,614 | −118,923 | -7.4 | 35% |
In its most recent public year (2024), this organization spent $118,923 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.4 months), down from 49.2 in 2020. Staff pay was 35% 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 2024. 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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