Northwestern Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 110,372 | 104,343 | 6,029 | 15.2 | 6% |
| 2022 | 102,578 | 103,132 | −554 | 15.3 | 1% |
| 2023 | 102,235 | 162,253 | −60,018 | 5.3 | 21% |
In its most recent public year (2023), this organization spent $60,018 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 15.2 in 2021. Staff pay was 21% 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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