Glencroft Towers 1 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,571,721 | 2,863,916 | 707,805 | 15.2 | 22% |
| 2012 | 2,899,516 | 2,947,012 | −47,496 | 14.6 | 22% |
| 2013 | 2,890,184 | 3,291,992 | −401,808 | 11.6 | 23% |
| 2014 | 3,162,331 | 3,235,480 | −73,149 | 11.6 | 25% |
| 2015 | 3,547,626 | 3,644,253 | −96,627 | 9.9 | 25% |
| 2016 | 2,443,476 | 2,750,350 | −306,874 | 11.8 | 22% |
| 2017 | 2,562,914 | 3,007,396 | −444,482 | 6.5 | 26% |
| 2018 | 2,580,844 | 3,067,610 | −486,766 | 4.4 | 26% |
| 2019 | 2,539,475 | 3,188,996 | −649,521 | 1.8 | 25% |
| 2020 | 2,583,359 | 3,219,175 | −635,816 | -0.5 | 25% |
| 2021 | 2,977,278 | 3,337,346 | −360,068 | -1.8 | 6% |
| 2022 | 3,541,684 | 3,625,879 | −84,195 | -1.9 | 5% |
| 2023 | 4,394,736 | 4,580,989 | −186,253 | -2.0 | 4% |
In its most recent public year (2023), this organization spent $186,253 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2 months), down from 15.2 in 2011. Staff pay was 4% 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
Glencroft Towers 1 Inc'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