Area Iii Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,259 | 156,929 | 5,330 | 0.5 | 0% |
| 2012 | 162,097 | 164,948 | −2,851 | 0.3 | 3% |
| 2013 | 231,570 | 154,545 | 77,025 | 6.3 | 7% |
| 2014 | 171,600 | 152,715 | 18,885 | 7.9 | 0% |
| 2015 | 399,300 | 143,560 | 255,740 | 29.7 | 0% |
| 2016 | 192,398 | 169,540 | 22,858 | 26.8 | 0% |
| 2017 | 211,646 | 148,931 | 62,715 | 35.6 | 0% |
| 2018 | 208,852 | 132,161 | 76,691 | 47.0 | 0% |
| 2019 | 227,259 | 219,961 | 7,298 | 28.7 | 0% |
| 2020 | 406,418 | 369,953 | 36,465 | 18.2 | 0% |
| 2021 | 596,124 | 461,092 | 135,032 | 18.1 | 8% |
| 2022 | 596,124 | 595,075 | 1,049 | 14.1 | 18% |
| 2023 | 618,193 | 596,697 | 21,496 | 14.5 | 18% |
In its most recent public year (2023), this organization brought in $21,496 more than it spent. Its reserves stood at about 14.5 months of spending, up from 0.5 in 2011. Staff pay was 18% 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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