AI Transparency Report
The Institute For Senior Living Of Florida Inc, despite its name, is located in Bala Cynwyd, PA, and operates with substantial financial activity, reporting over $46 million in revenue in 2022. The organization has consistently reported expenses exceeding revenue in recent years, with 2022 showing expenses of $53,894,994 against revenues of $46,275,402, indicating an operating deficit. A significant change in assets and liabilities is observed between 2021 and 2022, with assets jumping from $18,781,987 to $115,199,259 and liabilities from $8,610,170 to $112,647,034. This dramatic increase in both assets and liabilities, particularly the high liability-to-asset ratio in 2022 (approximately 97.8%), warrants further investigation as it suggests a highly leveraged financial structure, potentially due to significant debt or capital projects. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency regarding executive pay.