Solvera Healthcare Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 343,849 | 1,404,931 | −1,061,082 | -9.1 | 53% |
| 2022 | 2,774,680 | 6,594,265 | −3,819,585 | -8.9 | 47% |
| 2023 | 4,006,666 | 8,989,874 | −4,983,208 | -14.7 | 53% |
In its most recent public year (2023), this organization spent $4,983,208 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.7 months), down from -9.1 in 2021. Staff pay was 53% 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
Solvera Healthcare Center 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