Mccalls Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 91,857 | 119,513 | −27,656 | -56.0 | 13% |
| 2022 | 93,923 | 119,651 | −25,728 | -58.5 | 14% |
| 2023 | 102,406 | 120,935 | −18,529 | -59.7 | 13% |
In its most recent public year (2023), this organization spent $18,529 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-59.7 months), down from -56 in 2021. Staff pay was 13% 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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