Riverview Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 137,260 | 189,729 | −52,469 | -1.8 | 14% |
| 2021 | 160,724 | 170,669 | −9,945 | -2.8 | 16% |
| 2022 | 164,480 | 180,244 | −15,764 | -3.7 | 16% |
In its most recent public year (2022), this organization spent $15,764 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months), down from -1.8 in 2020. Staff pay was 16% 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 2022. 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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