Northern Virginia Apartment Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 237,192 | 146,992 | 90,200 | 8.2 | 52% |
| 2021 | 129,503 | 151,210 | −21,707 | 6.3 | 60% |
| 2022 | 247,190 | 285,961 | −38,771 | 1.7 | 36% |
| 2023 | 233,860 | 219,759 | 14,101 | 3.0 | 22% |
In its most recent public year (2023), this organization brought in $14,101 more than it spent. Its reserves stood at about 3 months of spending, down from 8.2 in 2020. Staff pay was 22% 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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