Schoolhouse Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 867,698 | 748,329 | 119,369 | 5.1 | 21% |
| 2012 | 806,542 | 811,293 | −4,751 | 4.6 | 19% |
| 2013 | 750,188 | 748,735 | 1,453 | 5.0 | 20% |
| 2014 | 762,776 | 845,751 | −82,975 | 3.3 | 20% |
| 2015 | 771,259 | 773,430 | −2,171 | 3.5 | 21% |
| 2016 | 778,194 | 815,755 | −37,561 | 2.8 | 20% |
| 2017 | 800,932 | 811,917 | −10,985 | 2.7 | 20% |
| 2018 | 785,423 | 800,106 | −14,683 | 2.5 | 22% |
| 2019 | 801,723 | 800,908 | 815 | 2.5 | 22% |
| 2020 | 836,685 | 789,513 | 47,172 | 3.2 | 23% |
| 2021 | 818,165 | 829,425 | −11,260 | 2.9 | 0% |
| 2022 | 833,803 | 890,437 | −56,634 | 2.0 | 13% |
| 2023 | 874,032 | 826,934 | 47,098 | 2.8 | 12% |
In its most recent public year (2023), this organization brought in $47,098 more than it spent. Its reserves stood at about 2.8 months of spending, down from 5.1 in 2011. Staff pay was 12% of spending. $496,143 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 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
Schoolhouse Apartments Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works