Cardinal Apartments Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,972 | 73,164 | 35,808 | -11.0 | — |
| 2012 | 108,753 | 80,483 | 28,270 | -5.8 | — |
| 2013 | 134,676 | 103,199 | 31,477 | -0.9 | — |
| 2014 | 152,923 | 111,705 | 41,218 | 3.6 | — |
| 2015 | 138,575 | 122,285 | 16,290 | 4.9 | — |
| 2016 | 129,580 | 117,936 | 11,644 | 6.3 | — |
| 2017 | 129,905 | 111,610 | 18,295 | 8.6 | — |
| 2018 | 96,860 | 101,472 | −4,612 | 8.9 | — |
| 2019 | 108,534 | 102,831 | 5,703 | 9.5 | — |
| 2020 | 115,589 | 120,100 | −4,511 | 7.6 | — |
| 2021 | 153,386 | 95,624 | 57,762 | 16.9 | — |
| 2022 | 159,269 | 97,297 | 61,972 | 24.2 | — |
| 2023 | 140,661 | 95,337 | 45,324 | 30.4 | — |
In its most recent public year (2023), this organization brought in $45,324 more than it spent. Its reserves stood at about 30.4 months of spending, up from -11 in 2011.
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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