Community Apartments Corporation Of Franklin County
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $74,686 | $62,176 | $12,510 | -41.6 | 0% |
| 2021 | $81,127 | $70,739 | $10,388 | -34.8 | 0% |
| 2022 | $81,491 | $71,059 | $10,432 | -32.9 | 0% |
| 2023 | $82,712 | $71,517 | $11,195 | -30.8 | 0% |
In its most recent public year (2023), this organization brought in $11,195 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-30.8 months), up from -41.6 in 2020. Staff pay was 0% 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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