Village Apartments Of Cherry Hill Nj Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,937,754 | 2,151,070 | −213,316 | -11.8 | 22% |
| 2021 | 1,991,787 | 2,184,432 | −192,645 | -12.7 | 24% |
| 2022 | 1,985,506 | 2,310,553 | −325,047 | -13.7 | 26% |
| 2023 | 2,045,655 | 2,286,215 | −240,560 | -15.1 | 8% |
In its most recent public year (2023), this organization spent $240,560 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.1 months), down from -11.8 in 2020. Staff pay was 8% 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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