Morningside Senior Living
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 23,211 | −23,211 | 6290.7 | 0% |
| 2020 | 553,384 | 408,952 | 144,432 | 368.6 | 0% |
| 2021 | 111,937 | 434,266 | −322,329 | 343.5 | 0% |
| 2022 | 950,620 | 2,112,239 | −1,161,619 | 61.6 | 13% |
| 2023 | 2,358,804 | 2,901,007 | −542,203 | 43.3 | 15% |
In its most recent public year (2023), this organization spent $542,203 more than it brought in. Its reserves stood at about 43.3 months of spending, down from 6290.7 in 2019. Staff pay was 15% 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
Morningside Senior Living'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