Community Apartments Corporation Of High Point
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 56,440 | 63,454 | −7,014 | -47.6 | — |
| 2015 | 68,892 | 70,314 | −1,422 | -43.2 | — |
| 2016 | 69,184 | 80,884 | −11,700 | -39.3 | — |
| 2017 | 69,807 | 74,991 | −5,184 | -43.2 | — |
| 2018 | 77,739 | 84,329 | −6,590 | -39.3 | — |
| 2019 | 70,197 | 70,622 | −425 | -47.0 | — |
| 2020 | 66,430 | 76,104 | −9,674 | -45.2 | — |
| 2021 | 72,447 | 75,645 | −3,198 | -46.0 | — |
| 2022 | 59,900 | 76,074 | −16,174 | -48.3 | — |
| 2023 | 53,667 | 68,329 | −14,662 | -56.3 | — |
In its most recent public year (2023), this organization spent $14,662 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-56.3 months), down from -47.6 in 2014.
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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