Sixteenth Association Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 47,180 | 58,349 | −11,169 | -33.9 | — |
| 2013 | 48,704 | 59,844 | −11,140 | -35.3 | — |
| 2014 | 48,569 | 62,071 | −13,502 | -36.6 | — |
| 2015 | 48,399 | 80,198 | −31,799 | -33.1 | — |
| 2016 | 64,033 | 74,478 | −10,445 | -37.3 | — |
| 2017 | 56,017 | 72,632 | −16,615 | -41.0 | — |
| 2018 | 53,833 | 68,142 | −14,309 | -46.2 | — |
| 2019 | 73,702 | 82,770 | −9,068 | -39.4 | — |
| 2020 | 54,942 | 76,029 | −21,087 | -46.2 | — |
| 2021 | 55,855 | 65,440 | −9,585 | -55.4 | — |
| 2022 | 55,391 | 72,594 | −17,203 | -52.8 | — |
| 2023 | 54,785 | 81,259 | −26,474 | -51.1 | — |
In its most recent public year (2023), this organization spent $26,474 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-51.1 months), down from -33.9 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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