Altus Residential Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,203,130 | 1,110,779 | 92,351 | 3.0 | 46% |
| 2021 | 1,143,089 | 949,316 | 193,773 | 6.0 | 45% |
| 2022 | 994,476 | 879,995 | 114,481 | 8.1 | 49% |
| 2023 | 903,099 | 871,707 | 31,392 | 8.6 | 48% |
In its most recent public year (2023), this organization brought in $31,392 more than it spent. Its reserves stood at about 8.6 months of spending, up from 3 in 2020. Staff pay was 48% 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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