Freeman Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 154,968 | 196,350 | −41,382 | 85.3 | 10% |
| 2012 | 159,571 | 191,131 | −31,560 | 85.6 | 11% |
| 2013 | 162,801 | 205,166 | −42,365 | 77.3 | 10% |
| 2014 | 160,663 | 215,511 | −54,848 | 70.5 | 10% |
| 2015 | 164,392 | 203,050 | −38,658 | 72.6 | 11% |
| 2016 | 188,654 | 185,936 | 2,718 | 79.4 | 7% |
| 2017 | 180,670 | 219,684 | −39,014 | 65.1 | 5% |
| 2018 | 171,213 | 224,792 | −53,579 | 60.6 | 5% |
| 2019 | 228,735 | 230,807 | −2,072 | 58.8 | 5% |
| 2020 | 187,141 | 253,778 | −66,637 | 50.5 | 4% |
| 2021 | 186,521 | 226,450 | −39,929 | 54.4 | 5% |
| 2022 | 200,648 | 266,156 | −65,508 | 43.2 | 4% |
| 2023 | 191,246 | 267,837 | −76,591 | 39.5 | 4% |
In its most recent public year (2023), this organization spent $76,591 more than it brought in. Its reserves stood at about 39.5 months of spending, down from 85.3 in 2011. Staff pay was 4% 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
Freeman Apartments Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works