Grace Center For Adult Day Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 481,170 | 404,667 | 76,503 | 9.3 | 59% |
| 2012 | 399,750 | 383,954 | 15,796 | 10.2 | 58% |
| 2013 | 434,242 | 410,805 | 23,437 | 10.3 | 58% |
| 2014 | 489,028 | 435,980 | 53,048 | 11.1 | 61% |
| 2015 | 967,256 | 554,825 | 412,431 | 17.7 | 60% |
| 2016 | 754,104 | 647,156 | 106,948 | 17.1 | 58% |
| 2017 | 751,109 | 678,114 | 72,995 | 18.5 | 60% |
| 2018 | 794,534 | 738,218 | 56,316 | 17.9 | 57% |
| 2019 | 767,261 | 716,529 | 50,732 | 19.3 | 60% |
| 2020 | 1,037,813 | 745,140 | 292,673 | 23.3 | 60% |
| 2021 | 809,973 | 686,022 | 123,951 | 27.5 | 62% |
| 2022 | 708,563 | 816,947 | −108,384 | 21.5 | 61% |
| 2023 | 686,902 | 849,429 | −162,527 | 18.4 | 64% |
In its most recent public year (2023), this organization spent $162,527 more than it brought in. Its reserves stood at about 18.4 months of spending, up from 9.3 in 2011. Staff pay was 64% 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
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