Cane Pointe Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 111,388 | 146,748 | −35,360 | -38.9 | 8% |
| 2021 | 118,757 | 156,984 | −38,227 | -39.6 | 4% |
| 2022 | 193,681 | 152,387 | 41,294 | -37.5 | 11% |
| 2023 | 120,622 | 179,692 | −59,070 | -35.8 | 11% |
In its most recent public year (2023), this organization spent $59,070 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.8 months), up from -38.9 in 2020. Staff pay was 11% 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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