Center For Aging And Rehabilitation Of Sarasota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,108,913 | 1,218,538 | −109,625 | -1.0 | 0% |
| 2021 | 8,430,359 | 10,610,344 | −2,179,985 | -2.6 | 0% |
| 2022 | 8,943,217 | 9,483,216 | −539,999 | -3.6 | 0% |
In its most recent public year (2022), this organization spent $539,999 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), down from -1 in 2020. Staff pay was 0% 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 2022. 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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