Folsom Oaks Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,967,696 | 187,873 | 1,779,823 | 124.2 | 10% |
| 2012 | 317,629 | 491,241 | −173,612 | 43.3 | 9% |
| 2013 | 173,158 | 484,776 | −311,618 | 36.1 | 7% |
| 2014 | 166,583 | 496,303 | −329,720 | 27.3 | 7% |
| 2015 | 170,423 | 507,836 | −337,413 | 18.7 | 11% |
| 2016 | 172,131 | 506,066 | −333,935 | 10.9 | 8% |
| 2017 | 193,653 | 518,369 | −324,716 | 3.1 | 11% |
| 2018 | 197,558 | 524,313 | −326,755 | -4.4 | 10% |
| 2019 | 203,184 | 522,266 | −319,082 | -11.8 | 10% |
| 2020 | 197,858 | 535,497 | −337,639 | -19.0 | 11% |
| 2021 | 190,283 | 502,843 | −312,560 | -27.7 | 6% |
| 2022 | 212,735 | 572,305 | −359,570 | -31.9 | 6% |
| 2023 | 232,289 | 559,797 | −327,508 | -39.6 | 9% |
In its most recent public year (2023), this organization spent $327,508 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.6 months), down from 124.2 in 2011. Staff pay was 9% of spending. $1,920,775 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
Folsom Oaks Apartments Inc's IRS filings as a feed — one entry per filing year, through 2023. 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