Lincoln School Senior Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 193,535 | 282,153 | −88,618 | 130.3 | 24% |
| 2013 | 200,765 | 324,829 | −124,064 | 108.6 | 19% |
| 2014 | 203,606 | 264,928 | −61,322 | 130.4 | 19% |
| 2015 | 204,521 | 286,245 | −81,724 | 117.3 | 19% |
| 2016 | 202,610 | 290,033 | −87,423 | 112.1 | 18% |
| 2017 | 201,103 | 315,517 | −114,414 | 98.7 | 16% |
| 2018 | 202,719 | 301,297 | −98,578 | 99.5 | 18% |
| 2019 | 202,044 | 303,176 | −101,132 | -56.1 | 18% |
| 2020 | 203,832 | 290,379 | −86,547 | -62.1 | 12% |
| 2021 | 211,572 | 318,570 | −106,998 | -60.6 | 12% |
| 2022 | 226,316 | 330,885 | −104,569 | -62.2 | 12% |
| 2023 | 262,466 | 352,584 | −90,118 | -61.4 | 10% |
| 2024 | 297,710 | 386,163 | −88,453 | -58.8 | 11% |
In its most recent public year (2024), this organization spent $88,453 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-58.8 months), down from 130.3 in 2012. Staff pay was 11% 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 2024. 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
Lincoln School Senior Apartments's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works