Lincoln Unity Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 250,261 | 317,811 | −67,550 | 30.5 | 24% |
| 2021 | 275,974 | 328,016 | −52,042 | 27.7 | 22% |
| 2022 | 258,771 | 376,532 | −117,761 | 20.4 | 28% |
| 2023 | 257,376 | 330,022 | −72,646 | 21.5 | 23% |
| 2024 | 284,936 | 329,327 | −44,391 | 19.9 | 18% |
In its most recent public year (2024), this organization spent $44,391 more than it brought in. Its reserves stood at about 19.9 months of spending, down from 30.5 in 2020. Staff pay was 18% of spending. $2,308,700 of its net assets are donor-restricted.
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 2024. 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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