Troy Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 361,405 | 454,493 | −93,088 | -24.5 | 7% |
| 2012 | 369,862 | 477,420 | −107,558 | -26.0 | 7% |
| 2013 | 383,838 | 472,570 | −88,732 | -28.5 | 7% |
| 2014 | 416,335 | 496,203 | −79,868 | -29.1 | 12% |
| 2015 | 432,507 | 488,587 | −56,080 | -30.9 | 13% |
| 2016 | 462,891 | 496,982 | −34,091 | -31.2 | 11% |
| 2017 | 449,359 | 496,778 | −47,419 | -32.4 | 11% |
| 2018 | 459,036 | 503,773 | −44,737 | -33.0 | 12% |
| 2019 | 488,354 | 603,336 | −114,982 | -29.8 | 10% |
| 2020 | 507,623 | 641,090 | −133,467 | -30.6 | 10% |
| 2021 | 512,477 | 682,238 | −169,761 | -31.7 | 10% |
| 2022 | 536,595 | 702,269 | −165,674 | -33.7 | 10% |
| 2023 | 572,381 | 735,286 | −162,905 | -34.8 | 11% |
In its most recent public year (2023), this organization spent $162,905 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.8 months), down from -24.5 in 2011. 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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