Waynedale Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 120,730 | 171,440 | −50,710 | -56.4 | 10% |
| 2022 | 142,247 | 173,742 | −31,495 | -57.9 | 10% |
| 2023 | 181,120 | 177,155 | 3,965 | -56.5 | 10% |
In its most recent public year (2023), this organization brought in $3,965 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-56.5 months). Staff pay was 10% 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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