Richard S Lieb Senior Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 182,283 | 314,944 | −132,661 | -39.1 | 18% |
| 2012 | 190,669 | 324,847 | −134,178 | -42.9 | 17% |
| 2013 | 189,939 | 321,806 | −131,867 | -48.2 | 16% |
| 2014 | 195,766 | 325,512 | −129,746 | -52.4 | 16% |
| 2015 | 196,570 | 435,168 | −238,598 | -45.8 | 13% |
| 2016 | 207,869 | 352,738 | −144,869 | -61.4 | 16% |
| 2017 | 213,629 | 360,362 | −146,733 | -65.0 | 17% |
| 2018 | 238,216 | 356,986 | −118,770 | -69.6 | 18% |
| 2019 | 254,859 | 380,189 | −125,330 | -69.3 | 16% |
| 2020 | 255,710 | 387,920 | −132,210 | -72.0 | 18% |
| 2021 | 261,783 | 404,342 | −142,559 | -73.3 | 17% |
| 2022 | 264,939 | 383,855 | −118,916 | -81.0 | 17% |
| 2023 | 283,023 | 445,063 | −162,040 | -74.2 | 19% |
In its most recent public year (2023), this organization spent $162,040 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-74.2 months), down from -39.1 in 2011. Staff pay was 19% 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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