Fowler Christian Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,274,287 | 3,125,780 | −851,493 | 3.7 | 25% |
| 2020 | 2,207,448 | 3,017,668 | −810,220 | 0.6 | 29% |
| 2021 | 2,536,598 | 3,147,318 | −610,720 | -2.2 | 32% |
| 2022 | 2,772,288 | 3,544,883 | −772,595 | -4.3 | 37% |
| 2023 | 2,773,657 | 3,664,706 | −891,049 | -7.1 | 0% |
In its most recent public year (2023), this organization spent $891,049 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.1 months), down from 3.7 in 2019. Staff pay was 0% of spending. $25,000 of its net assets are donor-restricted.
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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