Groomes Family Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 63,865 | 63,607 | 258 | 0.0 | 0% |
| 2011 | 65,848 | 65,312 | 536 | 0.1 | 0% |
| 2012 | 99,466 | 101,609 | −2,143 | -0.2 | 0% |
| 2013 | 101,500 | 100,893 | 607 | -0.1 | 0% |
| 2020 | 52,597 | 63,305 | −10,708 | -8.7 | 0% |
| 2021 | 66,713 | 73,554 | −6,841 | -8.6 | 0% |
| 2022 | 70,808 | 76,405 | −5,597 | -9.1 | 0% |
| 2023 | 64,299 | 76,869 | −12,570 | -11.0 | 0% |
In its most recent public year (2023), this organization spent $12,570 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11 months), down from 0 in 2010. 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
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