Santa Barbara Apartment Assoc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 272,312 | 257,646 | 14,666 | 5.7 | 37% |
| 2012 | 261,960 | 266,711 | −4,751 | 9.8 | 37% |
| 2013 | 283,415 | 278,947 | 4,468 | 5.3 | 37% |
| 2014 | 288,073 | 301,164 | −13,091 | 4.4 | 36% |
| 2015 | 320,671 | 304,883 | 15,788 | 5.0 | 36% |
| 2016 | 323,391 | 337,485 | −14,094 | 4.0 | 38% |
| 2017 | 285,901 | 316,565 | −30,664 | 3.1 | 42% |
| 2018 | 315,502 | 326,306 | −10,804 | 2.6 | 40% |
| 2019 | 294,444 | 287,999 | 6,445 | 3.2 | 35% |
| 2020 | 344,390 | 285,139 | 59,251 | 5.7 | 33% |
| 2021 | 396,026 | 334,056 | 61,970 | 7.1 | 38% |
| 2022 | 353,829 | 351,032 | 2,797 | 6.9 | 37% |
| 2023 | 371,770 | 364,583 | 7,187 | 6.8 | 40% |
In its most recent public year (2023), this organization brought in $7,187 more than it spent. Its reserves stood at about 6.8 months of spending, up from 5.7 in 2011. Staff pay was 40% of spending. $44,875 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
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