New Morning Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,375 | 110,386 | −57,011 | 202.0 | 11% |
| 2012 | 63,848 | 108,922 | −45,074 | 199.7 | 8% |
| 2013 | 83,229 | 106,496 | −23,267 | 201.7 | 12% |
| 2014 | 76,250 | 110,065 | −33,815 | 191.5 | 0% |
| 2015 | 74,241 | 116,208 | −41,967 | 177.4 | 0% |
| 2016 | 71,686 | 122,716 | −51,030 | 162.9 | 0% |
| 2017 | 72,724 | 115,969 | −43,245 | 167.8 | 0% |
| 2018 | 70,027 | 117,043 | −47,016 | 161.3 | 0% |
| 2019 | 71,026 | 117,973 | −46,947 | 155.2 | 0% |
| 2020 | 78,094 | 126,822 | −48,728 | 140.4 | 0% |
| 2021 | 76,087 | 127,691 | −51,604 | 134.4 | 0% |
| 2022 | 78,820 | 132,405 | −53,585 | 125.5 | 0% |
| 2023 | 76,381 | 119,010 | −42,629 | 135.0 | 0% |
In its most recent public year (2023), this organization spent $42,629 more than it brought in. Its reserves stood at about 135 months of spending, down from 202 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
New Morning Apartments Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works