Simeanna Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 571,142 | 458,660 | 112,482 | 30.2 | 42% |
| 2021 | 580,204 | 469,844 | 110,360 | 32.3 | 42% |
| 2022 | 576,202 | 499,234 | 76,968 | 29.9 | 40% |
| 2023 | 611,083 | 542,299 | 68,784 | 26.6 | 41% |
In its most recent public year (2023), this organization brought in $68,784 more than it spent. Its reserves stood at about 26.6 months of spending, down from 30.2 in 2020. Staff pay was 41% 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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