St Marys Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 756,367 | 1,004,693 | −248,326 | -41.0 | 19% |
| 2022 | 741,587 | 1,180,542 | −438,955 | -39.3 | 18% |
| 2023 | 975,190 | 1,136,852 | −161,662 | -42.5 | 19% |
| 2024 | 1,001,143 | 1,106,936 | −105,793 | -44.8 | 19% |
In its most recent public year (2024), this organization spent $105,793 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-44.8 months), down from -41 in 2021. Staff pay was 19% 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 2024. 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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