Southern Living Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 77,816 | 130,653 | −52,837 | 119.2 | 11% |
| 2012 | 91,295 | 134,882 | −43,587 | 111.6 | 11% |
| 2013 | 88,287 | 141,756 | −53,469 | 101.7 | 17% |
| 2014 | 99,886 | 137,544 | −37,658 | 101.5 | 17% |
| 2015 | 116,649 | 144,053 | −27,404 | 94.6 | 17% |
| 2016 | 112,129 | 146,947 | −34,818 | 89.9 | 19% |
| 2017 | 110,921 | 148,853 | −37,932 | 85.7 | 20% |
| 2018 | 111,109 | 159,139 | −48,030 | 76.5 | 19% |
| 2019 | 117,300 | 157,094 | −39,794 | 74.5 | 20% |
| 2020 | 119,067 | 172,384 | −53,317 | 64.2 | 19% |
| 2021 | 117,135 | 166,568 | −49,433 | 62.9 | 22% |
| 2022 | 118,036 | 166,633 | −48,597 | 59.3 | 22% |
| 2023 | 126,628 | 179,056 | −52,428 | 51.7 | 22% |
| 2024 | 138,012 | 180,141 | −42,129 | 48.6 | 24% |
In its most recent public year (2024), this organization spent $42,129 more than it brought in. Its reserves stood at about 48.6 months of spending, down from 119.2 in 2011. Staff pay was 24% of spending. $1,427,700 of its net assets are donor-restricted.
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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