St Paul Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,797,545 | 1,838,313 | −40,768 | 6.1 | 27% |
| 2021 | 1,855,711 | 1,724,014 | 131,697 | 7.5 | 24% |
| 2022 | 1,814,290 | 1,645,714 | 168,576 | 9.1 | 25% |
| 2023 | 1,966,953 | 1,775,345 | 191,608 | 9.8 | 28% |
In its most recent public year (2023), this organization brought in $191,608 more than it spent. Its reserves stood at about 9.8 months of spending, up from 6.1 in 2020. Staff pay was 28% of spending. $16,724 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
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