Cheverus School Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 381,488 | 513,853 | −132,365 | -36.6 | 0% |
| 2012 | 399,140 | 510,058 | −110,918 | -39.5 | 0% |
| 2013 | 397,441 | 532,355 | −134,914 | -40.9 | 0% |
| 2014 | 427,517 | 539,304 | −111,787 | -42.8 | 0% |
| 2015 | 652,167 | 523,370 | 128,797 | -41.2 | 0% |
| 2016 | 448,507 | 540,624 | −92,117 | -41.9 | 0% |
| 2017 | 446,305 | 613,772 | −167,467 | -40.2 | 0% |
| 2018 | 445,894 | 577,394 | −131,500 | -45.5 | 0% |
| 2019 | 440,896 | 563,980 | −123,084 | -49.2 | 0% |
| 2020 | 465,779 | 574,519 | −108,740 | -50.5 | 0% |
| 2021 | 488,868 | 597,950 | −109,082 | -50.7 | 0% |
| 2022 | 522,985 | 626,785 | −103,800 | -50.4 | 0% |
| 2023 | 689,749 | 765,907 | −76,158 | -42.4 | 0% |
In its most recent public year (2023), this organization spent $76,158 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42.4 months), down from -36.6 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
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