Northfield Apartments Of Duluth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 110,864 | 100,545 | 10,319 | -6.4 | 18% |
| 2013 | 115,187 | 131,764 | −16,577 | -6.4 | 14% |
| 2014 | 110,596 | 108,809 | 1,787 | -7.5 | 19% |
| 2015 | 115,586 | 112,749 | 2,837 | -6.9 | 19% |
| 2016 | 121,396 | 125,770 | −4,374 | -6.6 | 18% |
| 2017 | 120,215 | 135,272 | −15,057 | -7.5 | 17% |
| 2018 | 117,142 | 118,960 | −1,818 | -8.7 | 19% |
| 2019 | 127,338 | 112,921 | 14,417 | -7.7 | 19% |
| 2020 | 131,009 | 126,521 | 4,488 | -6.4 | 21% |
| 2021 | 121,084 | 121,310 | −226 | -6.7 | 19% |
| 2022 | 146,968 | 148,985 | −2,017 | -5.6 | 18% |
| 2023 | 115,349 | 147,333 | −31,984 | -8.3 | 18% |
In its most recent public year (2023), this organization spent $31,984 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.3 months), down from -6.4 in 2012. 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
Northfield Apartments Of Duluth Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works