Lewis Mall Apartments Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 474,179 | 537,929 | −63,750 | -43.0 | 0% |
| 2021 | 528,662 | 530,627 | −1,965 | -43.6 | 0% |
| 2022 | 498,434 | 551,686 | −53,252 | -43.1 | 0% |
| 2023 | 581,338 | 644,394 | −63,056 | -38.1 | 0% |
In its most recent public year (2023), this organization spent $63,056 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.1 months), up from -43 in 2020. Staff pay was 0% 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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