Independent Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 249,527 | 238,618 | 10,909 | -10.4 | 3% |
| 2013 | 267,853 | 260,462 | 7,391 | -9.2 | 3% |
| 2014 | 286,841 | 277,085 | 9,756 | -8.2 | 3% |
| 2015 | 299,067 | 300,449 | −1,382 | -7.7 | 3% |
| 2016 | 283,626 | 270,260 | 13,366 | -7.9 | 5% |
| 2017 | 265,062 | 283,830 | −18,768 | -8.3 | 5% |
| 2018 | 306,444 | 277,252 | 29,192 | -7.3 | 5% |
| 2019 | 310,031 | 298,467 | 11,564 | -6.3 | 5% |
| 2020 | 305,303 | 320,486 | −15,183 | -6.4 | 5% |
| 2021 | 301,735 | 491,842 | −190,107 | -8.8 | 3% |
| 2022 | 324,094 | 356,250 | −32,156 | -13.3 | 5% |
| 2023 | 335,558 | 322,706 | 12,852 | -14.2 | 4% |
| 2024 | 366,573 | 362,178 | 4,395 | -12.5 | 3% |
In its most recent public year (2024), this organization brought in $4,395 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-12.5 months), down from -10.4 in 2012. Staff pay was 3% 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 2024. 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
Independent Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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