La Colonia Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 543,947 | 537,505 | 6,442 | -18.2 | 15% |
| 2021 | 572,040 | 606,469 | −34,429 | -16.8 | 14% |
| 2022 | 566,167 | 546,452 | 19,715 | -18.2 | 16% |
| 2023 | 584,521 | 527,320 | 57,201 | -17.6 | 20% |
In its most recent public year (2023), this organization brought in $57,201 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-17.6 months). Staff pay was 20% 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 2023. 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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