Redbanks Regency Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −126,557 | 0 | −126,557 | — | — |
| 2012 | −119,554 | 0 | −119,554 | — | — |
| 2013 | 125,955 | 0 | 125,955 | — | — |
| 2014 | −426,090 | 0 | −426,090 | — | — |
| 2015 | −144,274 | 0 | −144,274 | — | — |
| 2016 | 266,518 | 412,808 | −146,290 | 100.6 | 19% |
| 2017 | 281,219 | 418,996 | −137,777 | 95.2 | 18% |
| 2018 | 294,776 | 415,254 | −120,478 | 92.5 | 18% |
| 2019 | 301,802 | 438,726 | −136,924 | 83.8 | 20% |
| 2020 | 301,326 | 483,248 | −181,922 | 71.6 | 27% |
| 2021 | 345,234 | 488,181 | −142,947 | 67.4 | 26% |
| 2022 | 348,133 | 492,996 | −144,863 | 63.2 | 24% |
| 2023 | 396,092 | 528,949 | −132,857 | 55.9 | 24% |
| 2024 | 853,767 | 528,884 | 324,883 | 63.2 | 23% |
In its most recent public year (2024), this organization brought in $324,883 more than it spent. Its reserves stood at about 63.2 months of spending. Staff pay was 23% 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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