Merit Hall Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 142,773 | 160,869 | −18,096 | -42.7 | 16% |
| 2012 | 150,990 | 189,152 | −38,162 | -73.8 | 0% |
| 2013 | 152,865 | 202,563 | −49,698 | -71.9 | 0% |
| 2014 | 146,259 | 216,436 | −70,177 | -71.2 | 0% |
| 2015 | 143,317 | 233,673 | −90,356 | -70.6 | 0% |
| 2016 | 157,384 | 224,749 | −67,365 | -73.5 | 0% |
| 2017 | 170,380 | 225,633 | −55,253 | -76.1 | 0% |
| 2018 | 183,252 | 256,184 | −72,932 | -70.5 | 0% |
| 2019 | 198,411 | 237,188 | −38,777 | -78.1 | 0% |
| 2020 | 203,853 | 246,575 | −42,722 | -77.2 | 0% |
| 2021 | 216,735 | 250,688 | −33,953 | -77.5 | 0% |
| 2022 | 213,745 | 216,505 | −2,760 | -89.9 | 0% |
| 2023 | 207,350 | 246,877 | −39,527 | -80.8 | 0% |
| 2024 | 214,800 | 304,058 | −89,258 | -69.1 | 0% |
In its most recent public year (2024), this organization spent $89,258 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-69.1 months), down from -42.7 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 2024. 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
Merit Hall Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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