Community Apartments Corporation Of Rutherford County 2
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 56,547 | 66,837 | −10,290 | -35.6 | 0% |
| 2018 | 57,945 | 73,636 | −15,691 | -34.9 | 0% |
| 2019 | 59,394 | 67,129 | −7,735 | -39.6 | 0% |
| 2020 | 61,595 | 67,297 | −5,702 | -40.6 | 0% |
| 2021 | 60,488 | 71,962 | −11,474 | -39.8 | 0% |
| 2022 | 60,137 | 76,690 | −16,553 | -40.0 | 0% |
| 2023 | 53,556 | 83,909 | −30,353 | -40.9 | — |
In its most recent public year (2023), this organization spent $30,353 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.9 months), down from -35.6 in 2017.
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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