Sherman Apartments Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 167,111 | 219,282 | −52,171 | -7.1 | 0% |
| 2012 | 157,907 | 230,889 | −72,982 | -10.6 | 0% |
| 2013 | 165,959 | 203,406 | −37,447 | 158.9 | 15% |
| 2014 | 159,330 | 219,571 | −60,241 | 143.9 | 15% |
| 2015 | 162,168 | 212,652 | −50,484 | 145.8 | 15% |
| 2016 | 182,980 | 235,778 | −52,798 | 128.8 | 15% |
| 2017 | 191,715 | 249,043 | −57,328 | 119.2 | 14% |
| 2018 | 218,512 | 269,123 | −50,611 | 108.0 | 15% |
| 2019 | 234,348 | 254,376 | −20,028 | 113.3 | 18% |
| 2020 | 244,683 | 241,358 | 3,325 | 119.6 | 19% |
| 2021 | 226,245 | 344,060 | −117,815 | 79.8 | 14% |
| 2022 | 248,298 | 297,944 | −49,646 | 90.1 | 18% |
| 2023 | 227,426 | 264,298 | −36,872 | 99.9 | 16% |
In its most recent public year (2023), this organization spent $36,872 more than it brought in. Its reserves stood at about 99.9 months of spending, up from -7.1 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
Sherman Apartments Association'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