Blair Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 243,973 | 251,524 | −7,551 | -3.9 | 1% |
| 2021 | 249,067 | 265,262 | −16,195 | -4.5 | 0% |
| 2022 | 240,790 | 256,651 | −15,861 | -5.3 | 0% |
| 2023 | 307,234 | 270,448 | 36,786 | -2.8 | 6% |
In its most recent public year (2023), this organization brought in $36,786 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.8 months), up from -3.9 in 2020. Staff pay was 6% 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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