everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Independence Square Apartments Ii

Fort Gratiot, MI / EIN 38-3295366 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201162,50365,839−3,33659.6
201259,72768,110−8,38356.1
201358,69263,294−4,60259.0
201463,86679,248−15,38245.1
201563,566121,189−57,62323.7
201663,52375,408−11,88536.2
201763,41770,536−7,11937.4
201863,64377,696−14,05331.7
201978,87989,542−10,66326.1
202073,12175,803−2,68230.5
2021108,197109,741−1,54420.7
202280,49690,482−9,98623.5
202382,79692,301−9,50521.8

In its most recent public year (2023), this organization spent $9,505 more than it brought in. Its reserves stood at about 21.8 months of spending, down from 59.6 in 2011.

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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