Timber Ridge Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 896,505 | 751,087 | 145,418 | 45.5 | 27% |
| 2021 | 903,228 | 839,341 | 63,887 | 41.7 | 22% |
| 2022 | 923,002 | 923,583 | −581 | 37.9 | 0% |
| 2023 | 982,108 | 1,004,591 | −22,483 | 34.5 | 20% |
In its most recent public year (2023), this organization spent $22,483 more than it brought in. Its reserves stood at about 34.5 months of spending, down from 45.5 in 2020. Staff pay was 20% 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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