Hempfield Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 116,822 | 198,476 | −81,654 | 5.5 | 14% |
| 2013 | 88,008 | 185,069 | −97,061 | -0.4 | 10% |
| 2014 | 96,373 | 207,310 | −110,937 | -6.8 | 11% |
| 2015 | 131,485 | 198,867 | −67,382 | -11.1 | 11% |
| 2016 | 120,281 | 196,113 | −75,832 | -15.9 | 8% |
| 2017 | 130,273 | 198,484 | −68,211 | -19.9 | 13% |
| 2018 | 133,855 | 215,094 | −81,239 | -22.9 | 11% |
| 2019 | 130,892 | 210,233 | −79,341 | -27.9 | 13% |
| 2020 | 136,889 | 217,410 | −80,521 | -31.4 | 11% |
| 2021 | 147,806 | 235,185 | −87,379 | -33.5 | 11% |
| 2022 | 145,504 | 233,070 | −87,566 | -38.3 | 12% |
| 2023 | 148,439 | 235,707 | −87,268 | -42.4 | 10% |
| 2024 | 135,971 | 244,048 | −108,077 | -46.2 | 11% |
In its most recent public year (2024), this organization spent $108,077 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-46.2 months), down from 5.5 in 2012. Staff pay was 11% 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 2024. 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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