Third Association Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 30,875 | 39,838 | −8,963 | -16.8 | — |
| 2013 | 33,782 | 42,540 | −8,758 | -18.2 | — |
| 2014 | 37,219 | 44,008 | −6,789 | -19.5 | — |
| 2015 | 38,714 | 55,141 | −16,427 | -19.1 | — |
| 2016 | 43,209 | 47,536 | −4,327 | -23.3 | — |
| 2017 | 49,508 | 53,252 | −3,744 | -21.6 | — |
| 2018 | 49,516 | 57,887 | −8,371 | -21.6 | — |
| 2019 | 48,671 | 53,563 | −4,892 | -24.5 | — |
| 2020 | 49,390 | 47,919 | 1,471 | -27.0 | — |
| 2021 | 48,246 | 55,769 | −7,523 | -24.8 | — |
| 2022 | 49,507 | 60,513 | −11,006 | -25.0 | — |
| 2023 | 47,473 | 59,878 | −12,405 | -27.8 | — |
In its most recent public year (2023), this organization spent $12,405 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27.8 months), down from -16.8 in 2012.
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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