everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Community Apartments Corporation Of Metrolina No 4

Raleigh, NC / EIN 56-2221440 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201145,17755,546−10,369-31.50%
201549,18763,790−14,603-35.05%
201652,55461,595−9,041-38.05%
201761,23570,511−9,276-34.80%
201862,55676,542−13,986-34.20%
201964,60072,823−8,223-37.30%
202066,39371,786−5,393-38.80%
202167,13574,010−6,875-38.70%
202268,36482,408−14,044-36.80%
202359,33578,043−18,708-41.80%

In its most recent public year (2023), this organization spent $18,708 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-41.8 months), down from -31.5 in 2011. 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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