Flagship City Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 72,552 | 76,703 | −4,151 | 4.8 | 0% |
| 2015 | 96,992 | 112,279 | −15,287 | 1.7 | 0% |
| 2016 | 93,914 | 115,087 | −21,173 | -0.6 | 0% |
| 2017 | 97,888 | 139,843 | −41,955 | -4.1 | 0% |
| 2018 | 108,461 | 115,023 | −6,562 | -5.6 | 0% |
| 2019 | 89,650 | 109,078 | −19,428 | -8.1 | 0% |
| 2020 | 79,626 | 116,645 | −37,019 | -11.4 | 0% |
| 2021 | 85,724 | 155,329 | −69,605 | -13.9 | 0% |
| 2022 | 80,870 | 128,866 | −47,996 | -21.2 | 0% |
| 2023 | 91,734 | 126,069 | −34,335 | -25.0 | 0% |
| 2024 | 67,070 | 153,382 | −86,312 | -27.3 | 0% |
In its most recent public year (2024), this organization spent $86,312 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27.3 months), down from 4.8 in 2014. 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 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
Flagship City Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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