Santa Monica New Hope Courtyard Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 228,526 | 317,997 | −89,471 | -60.5 | 0% |
| 2013 | 262,230 | 328,288 | −66,058 | -61.0 | 0% |
| 2014 | 286,336 | 349,721 | −63,385 | -59.5 | 0% |
| 2015 | 302,967 | 435,127 | −132,160 | -51.4 | 0% |
| 2016 | 482,639 | 410,843 | 71,796 | -52.4 | 0% |
| 2017 | 332,248 | 443,858 | −111,610 | -51.5 | 0% |
| 2018 | 369,894 | 450,607 | −80,713 | -52.9 | 0% |
| 2019 | 355,846 | 447,757 | −91,911 | -55.7 | 0% |
| 2020 | 355,042 | 407,490 | −52,448 | -62.7 | 0% |
| 2021 | 352,258 | 395,544 | −43,286 | -65.9 | 0% |
| 2022 | 349,996 | 484,130 | −134,134 | -57.2 | 0% |
| 2023 | 365,912 | 442,490 | −76,578 | -64.6 | 0% |
In its most recent public year (2023), this organization spent $76,578 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-64.6 months), down from -60.5 in 2012. 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
Santa Monica New Hope Courtyard Apartments'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