Springbrook Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 804,331 | 592,412 | 211,919 | 48.2 | 9% |
| 2013 | 758,532 | 603,623 | 154,909 | 50.4 | 9% |
| 2014 | 795,456 | 625,019 | 170,437 | 52.0 | 9% |
| 2015 | 751,760 | 615,490 | 136,270 | 55.4 | 10% |
| 2016 | 676,014 | 626,492 | 49,522 | 55.4 | 9% |
| 2017 | 681,113 | 672,037 | 9,076 | 51.8 | 9% |
| 2018 | 675,475 | 691,833 | −16,358 | 50.0 | 5% |
| 2019 | 688,500 | 757,977 | −69,477 | 44.6 | 5% |
| 2020 | 706,704 | 713,181 | −6,477 | 47.3 | 5% |
| 2021 | 672,720 | 735,453 | −62,733 | 44.8 | 5% |
| 2022 | 669,690 | 810,672 | −140,982 | 38.6 | 5% |
| 2023 | 705,113 | 798,886 | −93,773 | 37.7 | 5% |
| 2024 | 747,505 | 812,309 | −64,804 | 36.1 | 5% |
In its most recent public year (2024), this organization spent $64,804 more than it brought in. Its reserves stood at about 36.1 months of spending, down from 48.2 in 2012. Staff pay was 5% 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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