Miracle Mile Senior Citizen Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 311,189 | 388,197 | −77,008 | -27.2 | 0% |
| 2022 | 311,349 | 405,207 | −93,858 | -28.8 | 0% |
| 2023 | 324,836 | 350,389 | −25,553 | -34.2 | 0% |
| 2024 | 329,926 | 354,031 | −24,105 | -34.7 | 0% |
In its most recent public year (2024), this organization spent $24,105 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.7 months), down from -27.2 in 2021. 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 2024. 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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