IR pages - Flipbook - Page 9
INCOME STATEMENT
2024
2023
STATEMENT OF OPERATIONS
Operating Revenue
Operating Expense
$
132,610
132,618
$
122,455
121,222
Operating Income
Unrealized Gains (Losses)
Other Nonoperating Gains (Losses)
$
(8)
4,111
(2,317)
$
1,233
7,109
(517)
Increase in Unrestricted Net Assets
$
1,786
$
7,825
Increase in Net Assets Without Donor Restrictions
Increase in Net Assets With Donor Restrictions
$
1,786
733
$
7,825
(152)
Increase in Net Assets
Net Assets - Beginning of Year
$
2,519
(30,560)
$
7,673
(38,233)
Net Assets (Deficit) - End of Year
$
(28,041)
$
(30,560)
STATEMENT OF CHANGES IN NET ASSETS
BALANCE SHEET
2024
2023
ASSETS
Current
Long-Term
Net Fixed Assets
$
42,677
217,264
288,620
$
56,039
90,586
271,090
Total
$
548,561
$
417,715
Current
Deferred Revenue
Other
Long-Term Debt
Net Assets
$
41,818
120,462
58,304
356,018
(28,041)
$
38,618
118,762
59,695
231,200
(30,560)
Total
$
548,561
$
417,715
LIABILITIES & NET ASSETS
AVERAGE OCCUPANCY TREND
93.8%
91.5%
2021
95%
AVERAGE OCCUPANCY 2024
96.7%
93.1%
92.0%
92.8%
91.3%
2022
2023
2024
Independent
Living
Assisted
Living
Memory
Support
Health
Care
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