Fitch Court Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 377,486 | 358,447 | 19,039 | 4.0 | 27% |
| 2012 | 394,500 | 360,931 | 33,569 | 5.1 | 30% |
| 2013 | 564,788 | 363,758 | 201,030 | 11.7 | 26% |
| 2014 | 387,458 | 373,665 | 13,793 | 11.8 | 29% |
| 2015 | 261,606 | 379,280 | −117,674 | 7.9 | 12% |
| 2016 | 394,961 | 392,856 | 2,105 | 7.7 | 16% |
| 2017 | 385,164 | 383,144 | 2,020 | 7.9 | 15% |
| 2018 | 394,821 | 373,176 | 21,645 | 8.8 | 18% |
| 2019 | 374,499 | 452,606 | −78,107 | 5.2 | 23% |
| 2020 | 391,442 | 469,366 | −77,924 | 3.0 | 21% |
| 2021 | 400,164 | 436,443 | −36,279 | 2.3 | 23% |
| 2022 | 372,036 | 456,890 | −84,854 | -0.1 | 10% |
| 2023 | 537,437 | 470,816 | 66,621 | 1.6 | 15% |
In its most recent public year (2023), this organization brought in $66,621 more than it spent. Its reserves stood at about 1.6 months of spending, down from 4 in 2011. Staff pay was 15% 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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