Ric Redbud Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 51,794 | 67,774 | −15,980 | -17.9 | 0% |
| 2016 | 55,633 | 87,436 | −31,803 | -18.3 | 0% |
| 2017 | 78,710 | 126,737 | −48,027 | -17.1 | 0% |
| 2018 | 86,155 | 109,766 | −23,611 | -22.4 | 0% |
| 2019 | 88,936 | 115,637 | −26,701 | -24.0 | 0% |
| 2020 | 89,043 | 120,954 | −31,911 | -26.1 | 0% |
| 2021 | 88,897 | 122,162 | −33,265 | -29.1 | 0% |
| 2022 | 92,271 | 121,241 | −28,970 | -32.2 | 0% |
| 2023 | 94,567 | 118,527 | −23,960 | -35.4 | 0% |
In its most recent public year (2023), this organization spent $23,960 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.4 months), down from -17.9 in 2015. Staff pay was 0% 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
Ric Redbud Apartments's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works