Town Center Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 876,537 | 921,778 | −45,241 | -8.1 | 20% |
| 2012 | 987,824 | 918,657 | 69,167 | -7.2 | 18% |
| 2013 | 961,439 | 824,956 | 136,483 | -6.1 | 22% |
| 2014 | 955,758 | 991,515 | −35,757 | -5.5 | 21% |
| 2015 | 979,374 | 970,025 | 9,349 | -5.5 | 26% |
| 2016 | 993,634 | 1,023,707 | −30,073 | -5.5 | 23% |
| 2017 | 976,122 | 1,038,949 | −62,827 | -2.3 | 24% |
| 2018 | 979,281 | 1,017,118 | −37,837 | 0.4 | 24% |
| 2019 | 1,012,164 | 975,486 | 36,678 | 0.9 | 25% |
| 2020 | 1,256,390 | 910,416 | 345,974 | 5.5 | 29% |
| 2021 | 1,621,495 | 940,441 | 681,054 | 14.0 | 27% |
| 2022 | 1,003,391 | 880,768 | 122,623 | 16.4 | 25% |
| 2023 | 260,413 | 400,639 | −140,226 | 31.9 | 9% |
In its most recent public year (2023), this organization spent $140,226 more than it brought in. Its reserves stood at about 31.9 months of spending, up from -8.1 in 2011. Staff pay was 9% 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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