Holy Angels Apartments Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 486,270 | 624,911 | −138,641 | -17.8 | 19% |
| 2021 | 480,935 | 595,895 | −114,960 | -20.9 | 19% |
| 2022 | 586,336 | 609,636 | −23,300 | -20.9 | 20% |
| 2023 | 519,520 | 665,577 | −146,057 | -21.8 | 23% |
In its most recent public year (2023), this organization spent $146,057 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.8 months), down from -17.8 in 2020. Staff pay was 23% 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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