Foundation For Senior Living
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,808,330 | 2,578,477 | 2,229,853 | 59.0 | 15% |
| 2021 | 2,913,741 | 2,545,764 | 367,977 | 61.5 | 16% |
| 2022 | 5,820,680 | 3,629,398 | 2,191,282 | 46.3 | 12% |
| 2023 | 6,062,313 | 3,393,647 | 2,668,666 | 59.1 | 13% |
In its most recent public year (2023), this organization brought in $2,668,666 more than it spent. Its reserves stood at about 59.1 months of spending. Staff pay was 13% of spending. $12,666,520 of its net assets are donor-restricted.
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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