Ric Lincolnton Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 64,004 | 76,566 | −12,562 | -15.9 | 0% |
| 2017 | 72,384 | 120,972 | −48,588 | -14.9 | 0% |
| 2018 | 73,495 | 130,834 | −57,339 | -19.0 | 0% |
| 2019 | 79,528 | 109,444 | −29,916 | -26.0 | 0% |
| 2020 | 78,989 | 112,987 | −33,998 | -28.8 | 0% |
| 2021 | 80,407 | 111,513 | −31,106 | -32.5 | 0% |
| 2022 | 91,962 | 117,162 | −25,200 | -33.5 | 0% |
| 2023 | 93,444 | 119,866 | −26,422 | -35.4 | 0% |
In its most recent public year (2023), this organization spent $26,422 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.4 months), down from -15.9 in 2016. 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 Lincolnton Apartments Inc'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