Paula Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 413,480 | 464,243 | −50,763 | -4.7 | 11% |
| 2021 | 414,877 | 463,060 | −48,183 | -6.0 | 12% |
| 2022 | 429,585 | 449,938 | −20,353 | -6.7 | 11% |
| 2023 | 452,725 | 479,141 | −26,416 | -7.0 | 11% |
In its most recent public year (2023), this organization spent $26,416 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7 months), down from -4.7 in 2020. 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 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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