Park Ridge Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,021 | 115,282 | −41,261 | -4.3 | 0% |
| 2012 | 80,857 | 123,670 | −42,813 | -8.2 | 0% |
| 2013 | 77,974 | 117,049 | −39,075 | -12.6 | 0% |
| 2014 | 97,251 | 127,735 | −30,484 | -14.4 | 0% |
| 2015 | 114,919 | 155,155 | −40,236 | -15.0 | 0% |
| 2016 | 111,235 | 162,424 | −51,189 | -18.1 | 15% |
| 2017 | 111,357 | 162,346 | −50,989 | -22.9 | 10% |
| 2018 | 115,149 | 157,895 | −42,746 | -27.0 | 10% |
| 2019 | 127,610 | 167,672 | −40,062 | -28.3 | 5% |
| 2020 | 121,146 | 167,151 | −46,005 | -31.7 | 4% |
| 2021 | 243,493 | 257,251 | −13,758 | -21.2 | 3% |
| 2022 | 143,542 | 209,028 | −65,486 | -25.9 | 7% |
| 2023 | 138,302 | 203,898 | −65,596 | -30.5 | 6% |
In its most recent public year (2023), this organization spent $65,596 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.5 months), down from -4.3 in 2011. Staff pay was 6% 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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