Community Apartments Corporation Of Richmond County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 57,009 | 61,909 | −4,900 | -43.8 | — |
| 2017 | 60,980 | 78,031 | −17,051 | -37.4 | — |
| 2018 | 61,328 | 71,520 | −10,192 | -42.5 | — |
| 2019 | 58,854 | 70,207 | −11,353 | -45.2 | — |
| 2020 | 58,193 | 66,736 | −8,543 | -49.1 | — |
| 2021 | 62,546 | 67,569 | −5,023 | -49.4 | — |
| 2022 | 62,724 | 71,141 | −8,417 | -48.4 | — |
| 2023 | 68,722 | 66,700 | 2,022 | -51.2 | — |
In its most recent public year (2023), this organization brought in $2,022 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-51.2 months), down from -43.8 in 2016.
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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