South Bay Retirement Residence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 494,359 | 610,610 | −116,251 | -33.2 | 0% |
| 2012 | 526,926 | 638,818 | −111,892 | -33.9 | 0% |
| 2013 | 534,917 | 671,883 | −136,966 | -34.7 | 0% |
| 2014 | 564,987 | 677,206 | −112,219 | -36.4 | 0% |
| 2015 | 573,215 | 705,476 | −132,261 | -37.2 | 0% |
| 2016 | 614,874 | 718,699 | −103,825 | -38.2 | 0% |
| 2017 | 653,508 | 746,576 | −93,068 | -38.3 | 0% |
| 2018 | 657,577 | 800,639 | −143,062 | -37.8 | 0% |
| 2019 | 692,028 | 825,433 | −133,405 | -38.6 | 0% |
| 2020 | 737,149 | 840,534 | −103,385 | -39.4 | 0% |
| 2021 | 766,916 | 883,817 | −116,901 | -39.1 | 0% |
| 2022 | 794,228 | 882,665 | −88,437 | -40.3 | 0% |
| 2023 | 877,301 | 988,062 | −110,761 | -37.4 | 0% |
In its most recent public year (2023), this organization spent $110,761 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-37.4 months), down from -33.2 in 2011. 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 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
South Bay Retirement Residence'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