Richland Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,242 | 133,301 | −34,059 | 54.0 | 2% |
| 2012 | 100,852 | 133,745 | −32,893 | 50.8 | 2% |
| 2013 | 101,527 | 139,403 | −37,876 | 45.5 | 2% |
| 2014 | 101,319 | 160,201 | −58,882 | 35.2 | 4% |
| 2015 | 102,017 | 153,802 | −51,785 | 32.6 | — |
| 2016 | 110,126 | 140,837 | −30,711 | 31.1 | — |
| 2017 | 146,295 | 155,958 | −9,663 | 26.8 | — |
| 2018 | 123,687 | 163,306 | −39,619 | 22.7 | — |
| 2019 | 104,825 | 122,800 | −17,975 | 28.4 | — |
| 2020 | 113,168 | 109,903 | 3,265 | 32.1 | — |
| 2021 | 114,855 | 120,962 | −6,107 | 28.5 | — |
| 2022 | 119,887 | 114,452 | 5,435 | 30.7 | — |
| 2023 | 114,565 | 148,366 | −33,801 | 21.0 | — |
In its most recent public year (2023), this organization spent $33,801 more than it brought in. Its reserves stood at about 21 months of spending, down from 54 in 2011.
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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