Foothill Apartment Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 76,326 | 69,627 | 6,699 | 3.1 | 45% |
| 2021 | 82,062 | 77,420 | 4,642 | 3.5 | 52% |
| 2022 | 74,577 | 79,924 | −5,347 | 2.6 | 50% |
| 2023 | 75,011 | 74,039 | 972 | 3.0 | 56% |
In its most recent public year (2023), this organization brought in $972 more than it spent. Its reserves stood at about 3 months of spending. Staff pay was 56% 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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