Smithland Elderly Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,163 | 82,540 | −22,377 | -36.3 | 17% |
| 2012 | 72,476 | 82,361 | −9,885 | -37.8 | 17% |
| 2013 | 57,840 | 80,472 | −22,632 | -42.1 | 19% |
| 2014 | 55,786 | 82,178 | −26,392 | -45.1 | 21% |
| 2015 | 55,712 | 90,414 | −34,702 | -45.6 | 26% |
| 2016 | 61,081 | 83,603 | −22,522 | -52.5 | 0% |
| 2017 | 73,259 | 88,907 | −15,648 | -51.5 | 0% |
| 2018 | 62,713 | 81,830 | −19,117 | -58.8 | 0% |
| 2019 | 63,442 | 86,722 | −23,280 | -58.7 | 0% |
| 2020 | 65,736 | 96,297 | −30,561 | -56.6 | 0% |
| 2021 | 70,392 | 100,487 | −30,095 | -57.9 | 0% |
| 2022 | 68,909 | 96,335 | −27,426 | -63.9 | 0% |
| 2023 | 68,674 | 84,998 | −16,324 | -74.7 | 0% |
In its most recent public year (2023), this organization spent $16,324 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-74.7 months), down from -36.3 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
Smithland Elderly 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