Shady Pines Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,124 | 62,676 | −10,552 | 56.4 | 8% |
| 2021 | 50,471 | 71,063 | −20,592 | -30.6 | 8% |
| 2022 | 49,709 | 92,298 | −42,589 | -29.1 | 5% |
| 2023 | 57,119 | 69,041 | −11,922 | -41.0 | 9% |
In its most recent public year (2023), this organization spent $11,922 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-41 months), down from 56.4 in 2020. Staff pay was 9% 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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