Lifetime Community Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 96,693 | 137,653 | −40,960 | 12.1 | 12% |
| 2012 | 97,124 | 123,384 | −26,260 | 10.9 | 12% |
| 2013 | 127,044 | 139,455 | −12,411 | 8.6 | 10% |
| 2014 | 107,472 | 137,618 | −30,146 | 6.1 | 10% |
| 2015 | 105,929 | 142,775 | −36,846 | 2.8 | 10% |
| 2016 | 107,108 | 144,469 | −37,361 | -0.4 | 12% |
| 2017 | 108,862 | 130,607 | −21,745 | -2.4 | 14% |
| 2018 | 110,146 | 149,794 | −39,648 | -5.3 | 13% |
| 2019 | 110,156 | 143,476 | −33,320 | -8.3 | 12% |
| 2020 | 110,158 | 126,420 | −16,262 | -10.9 | 16% |
| 2021 | 110,149 | 132,080 | −21,931 | -12.5 | 18% |
| 2022 | 110,627 | 157,713 | −47,086 | -14.0 | 17% |
| 2023 | 216,813 | 164,111 | 52,702 | -9.6 | 16% |
In its most recent public year (2023), this organization brought in $52,702 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.6 months), down from 12.1 in 2011. Staff pay was 16% 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
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