Apartment Association Of Fort Wayne Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 145,713 | 155,433 | −9,720 | 43.8 | 63% |
| 2021 | 157,845 | 152,370 | 5,475 | 44.4 | 64% |
| 2022 | 112,331 | 130,516 | −18,185 | 49.2 | 57% |
| 2023 | 124,550 | 137,508 | −12,958 | 46.1 | 50% |
In its most recent public year (2023), this organization spent $12,958 more than it brought in. Its reserves stood at about 46.1 months of spending, up from 43.8 in 2020. Staff pay was 50% 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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