Muirfield Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 155,820 | 196,013 | −40,193 | -72.6 | 0% |
| 2021 | 155,285 | 229,898 | −74,613 | -65.8 | 0% |
| 2022 | 171,793 | 214,939 | −43,146 | -72.8 | 0% |
| 2023 | 204,366 | 233,556 | −29,190 | -68.5 | 0% |
In its most recent public year (2023), this organization spent $29,190 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-68.5 months), up from -72.6 in 2020. 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
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