Plymouth Apartments Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,196,303 | 1,098,540 | 97,763 | 46.4 | 19% |
| 2021 | 1,206,486 | 1,127,941 | 78,545 | 46.0 | 20% |
| 2022 | 1,219,366 | 1,192,441 | 26,925 | 43.0 | 18% |
| 2023 | 1,262,370 | 1,367,157 | −104,787 | 38.0 | 18% |
In its most recent public year (2023), this organization spent $104,787 more than it brought in. Its reserves stood at about 38 months of spending, down from 46.4 in 2020. Staff pay was 18% 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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