Lynx Crossing Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 517,034 | 623,897 | −106,863 | -2.1 | 16% |
| 2021 | 527,707 | 498,721 | 28,986 | -1.9 | 19% |
| 2022 | 467,136 | 520,947 | −53,811 | -3.0 | 12% |
| 2023 | 463,603 | 534,088 | −70,485 | -4.5 | 11% |
In its most recent public year (2023), this organization spent $70,485 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.5 months), down from -2.1 in 2020. Staff pay was 11% 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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