Alverna Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 568,148 | 504,131 | 64,017 | -12.7 | 0% |
| 2012 | 501,959 | 496,220 | 5,739 | -12.8 | 0% |
| 2013 | 409,787 | 410,005 | −218 | -15.5 | 0% |
| 2014 | 475,569 | 416,418 | 59,151 | -13.6 | 0% |
| 2015 | 545,223 | 431,690 | 113,533 | -9.9 | 0% |
| 2016 | 577,869 | 391,449 | 186,420 | -5.2 | 0% |
| 2017 | 579,030 | 416,653 | 162,377 | -0.2 | 0% |
| 2018 | 580,849 | 422,967 | 157,882 | 4.2 | 0% |
| 2019 | 586,291 | 428,947 | 157,344 | 8.6 | 0% |
| 2020 | 601,367 | 427,829 | 173,538 | 13.5 | 0% |
| 2021 | 619,448 | 416,193 | 203,255 | 19.7 | 0% |
| 2022 | 604,676 | 468,122 | 136,554 | 21.0 | 0% |
| 2023 | 519,914 | 482,584 | 37,330 | 21.3 | 0% |
In its most recent public year (2023), this organization brought in $37,330 more than it spent. Its reserves stood at about 21.3 months of spending, up from -12.7 in 2011. Staff pay was 0% 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
Alverna Apartments'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