Joy Senior Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,610 | 78,322 | −17,712 | 154.1 | 0% |
| 2012 | 62,255 | 78,096 | −15,841 | 152.2 | 0% |
| 2013 | 56,665 | 84,235 | −27,570 | 137.1 | 15% |
| 2014 | 78,403 | 121,222 | −42,819 | 91.1 | 14% |
| 2015 | 102,241 | 129,399 | −27,158 | 82.8 | 20% |
| 2016 | 100,929 | 124,914 | −23,985 | 83.5 | 21% |
| 2017 | 127,896 | 137,281 | −9,385 | 75.1 | 21% |
| 2018 | 128,860 | 145,617 | −16,757 | 69.4 | 20% |
| 2019 | 117,213 | 131,678 | −14,465 | 75.5 | 22% |
| 2020 | 127,729 | 131,615 | −3,886 | 75.2 | 23% |
| 2021 | 137,739 | 163,722 | −25,983 | 58.5 | 18% |
| 2022 | 138,347 | 151,695 | −13,348 | 62.1 | 22% |
| 2023 | 189,840 | 149,041 | 40,799 | 66.5 | 23% |
In its most recent public year (2023), this organization brought in $40,799 more than it spent. Its reserves stood at about 66.5 months of spending, down from 154.1 in 2011. Staff pay was 23% of spending. $914,300 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 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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