Apartment Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,879,988 | 8,895,700 | −15,712 | 0.4 | 26% |
| 2012 | 9,534,833 | 9,627,745 | −92,912 | 0.2 | 32% |
| 2013 | 12,480,916 | 12,166,833 | 314,083 | 0.5 | 25% |
| 2014 | 12,989,025 | 12,727,244 | 261,781 | 0.3 | 24% |
| 2015 | 12,838,499 | 12,837,757 | 742 | 0.3 | 24% |
| 2016 | 13,791,061 | 13,791,829 | −768 | 0.3 | 25% |
| 2017 | 15,002,306 | 14,602,604 | 399,702 | 0.6 | 25% |
| 2018 | 15,944,368 | 15,835,233 | 109,135 | 0.6 | 25% |
| 2019 | 18,805,168 | 18,386,418 | 418,750 | 0.8 | 24% |
| 2020 | 21,767,194 | 20,108,146 | 1,659,048 | 1.7 | 23% |
| 2021 | 23,558,847 | 23,032,380 | 526,467 | 1.8 | 24% |
| 2022 | 26,897,610 | 26,341,342 | 556,268 | 1.8 | 21% |
| 2023 | 31,052,845 | 30,126,166 | 926,679 | 2.0 | 22% |
In its most recent public year (2023), this organization brought in $926,679 more than it spent. Its reserves stood at about 2 months of spending, up from 0.4 in 2011. Staff pay was 22% of spending. $15,949 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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