Presbyterian Apartments At 58th Street Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,154,910 | 1,199,144 | −44,234 | 6.8 | 12% |
| 2012 | 1,089,596 | 1,176,420 | −86,824 | 6.1 | 13% |
| 2013 | 1,102,267 | 1,154,534 | −52,267 | 5.6 | 13% |
| 2014 | 1,118,565 | 1,229,381 | −110,816 | 4.2 | 12% |
| 2015 | 1,121,043 | 1,241,367 | −120,324 | 3.0 | 11% |
| 2016 | 1,133,386 | 1,209,434 | −76,048 | 2.3 | 13% |
| 2017 | 1,161,169 | 1,165,304 | −4,135 | 2.4 | 15% |
| 2018 | 1,156,177 | 1,180,457 | −24,280 | 2.1 | 14% |
| 2019 | 1,192,292 | 1,313,871 | −121,579 | 0.8 | 15% |
| 2020 | 1,221,753 | 1,304,811 | −83,058 | 0.0 | 16% |
| 2021 | 1,234,992 | 1,309,494 | −74,502 | -0.7 | 15% |
| 2022 | 1,204,511 | 1,591,253 | −386,742 | -3.5 | 11% |
| 2023 | 1,266,580 | 1,449,012 | −182,432 | -5.3 | 12% |
In its most recent public year (2023), this organization spent $182,432 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.3 months), down from 6.8 in 2011. Staff pay was 12% 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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