Preferred Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,292,997 | 1,325,686 | 967,311 | 63.2 | 42% |
| 2012 | 2,608,904 | 1,331,053 | 1,277,851 | 74.4 | 43% |
| 2013 | 1,560,381 | 1,393,993 | 166,388 | 72.5 | 45% |
| 2014 | 1,759,197 | 1,457,269 | 301,928 | 71.8 | 41% |
| 2015 | 1,894,869 | 2,109,242 | −214,373 | 48.4 | 28% |
| 2016 | 1,385,398 | 1,258,987 | 126,411 | 82.3 | 45% |
| 2017 | 1,287,799 | 1,318,983 | −31,184 | 77.8 | 38% |
| 2018 | 1,657,100 | 1,330,104 | 326,996 | 80.1 | 41% |
| 2019 | 1,587,869 | 2,157,708 | −569,839 | 39.1 | 25% |
| 2020 | 1,329,801 | 1,282,427 | 47,374 | 66.2 | 44% |
| 2021 | 1,351,987 | 1,226,447 | 125,540 | 70.4 | 45% |
| 2022 | 1,320,983 | 1,189,912 | 131,071 | 73.9 | 46% |
| 2023 | 1,180,774 | 1,185,079 | −4,305 | 74.2 | 45% |
In its most recent public year (2023), this organization spent $4,305 more than it brought in. Its reserves stood at about 74.2 months of spending, up from 63.2 in 2011. Staff pay was 45% of spending. $3,869,317 of its net assets are donor-restricted.
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
Preferred Properties 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