Fairhaven Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 212,867 | 210,313 | 2,554 | 3.3 | 9% |
| 2012 | 220,862 | 206,881 | 13,981 | 4.1 | 9% |
| 2013 | 204,495 | 198,236 | 6,259 | 4.7 | 9% |
| 2014 | 182,892 | 185,674 | −2,782 | 4.8 | 10% |
| 2015 | 217,556 | 216,483 | 1,073 | 4.2 | 10% |
| 2016 | 209,745 | 203,377 | 6,368 | 4.9 | 10% |
| 2017 | 214,686 | 202,491 | 12,195 | 5.6 | 10% |
| 2018 | 233,124 | 213,328 | 19,796 | 6.4 | 8% |
| 2019 | 321,040 | 253,320 | 67,720 | 8.6 | 9% |
| 2020 | 257,031 | 294,812 | −37,781 | 5.9 | 11% |
| 2021 | 1,082,294 | 278,524 | 803,770 | 40.8 | 13% |
| 2022 | 923,518 | 292,578 | 630,940 | 64.8 | 19% |
| 2023 | 563,385 | 423,170 | 140,215 | 48.8 | 17% |
In its most recent public year (2023), this organization brought in $140,215 more than it spent. Its reserves stood at about 48.8 months of spending, up from 3.3 in 2011. Staff pay was 17% 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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