Bay Pointe Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 132,516 | 203,116 | −70,600 | 91.7 | 14% |
| 2022 | 125,874 | 197,157 | −71,283 | 90.1 | 13% |
| 2023 | 132,692 | 217,482 | −84,790 | 77.0 | 16% |
| 2024 | 148,021 | 188,436 | −40,415 | 86.3 | 22% |
In its most recent public year (2024), this organization spent $40,415 more than it brought in. Its reserves stood at about 86.3 months of spending, down from 91.7 in 2021. Staff pay was 22% of spending. $2,580,738 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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