Reach Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 153,368 | 152,862 | 506 | -4.6 | 0% |
| 2012 | 160,330 | 172,091 | −11,761 | -4.9 | 0% |
| 2013 | 158,288 | 169,611 | −11,323 | -5.8 | 0% |
| 2014 | 172,030 | 181,888 | −9,858 | -6.0 | 0% |
| 2015 | 178,607 | 188,633 | −10,026 | -6.5 | 0% |
| 2016 | 176,446 | 204,660 | −28,214 | -7.6 | 0% |
| 2017 | 182,762 | 171,610 | 11,152 | -8.3 | 0% |
| 2018 | 193,949 | 175,117 | 18,832 | -6.8 | 0% |
| 2019 | 198,487 | 202,835 | −4,348 | -6.2 | 17% |
| 2020 | 211,663 | 195,874 | 15,789 | -5.4 | 12% |
| 2021 | 189,689 | 184,002 | 5,687 | -5.4 | 8% |
| 2022 | 225,543 | 176,247 | 49,296 | -2.3 | 8% |
| 2023 | 241,618 | 234,770 | 6,848 | -1.4 | 0% |
In its most recent public year (2023), this organization brought in $6,848 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.4 months), up from -4.6 in 2011. Staff pay was 0% 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
Reach 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