Morehouse Senior Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 55,663 | 83,004 | −27,341 | -0.3 | 9% |
| 2011 | 60,144 | 87,366 | −27,222 | -4.0 | 14% |
| 2012 | 63,687 | 96,379 | −32,692 | -7.7 | 15% |
| 2013 | 86,802 | 109,153 | −22,351 | -10.0 | 14% |
| 2014 | 86,510 | 109,667 | −23,157 | -12.4 | 15% |
| 2015 | 85,682 | 110,013 | −24,331 | -15.1 | 15% |
| 2016 | 80,354 | 105,150 | −24,796 | -18.6 | 18% |
| 2017 | 86,253 | 106,886 | −20,633 | -20.6 | 16% |
| 2018 | 89,418 | 113,639 | −24,221 | -21.9 | 17% |
| 2019 | 92,500 | 107,520 | −15,020 | -24.9 | 14% |
| 2020 | 88,458 | 113,706 | −25,248 | -26.2 | 13% |
| 2021 | 76,100 | 109,578 | −33,478 | -30.8 | 8% |
| 2022 | 87,385 | 134,813 | −47,428 | -29.3 | 19% |
| 2023 | 82,275 | 106,110 | −23,835 | -39.9 | 13% |
| 2024 | 85,999 | 126,278 | −40,279 | -37.3 | 15% |
In its most recent public year (2024), this organization spent $40,279 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-37.3 months), down from -0.3 in 2010. Staff pay was 15% 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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