Sunset Park Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 639,800 | 745,593 | −105,793 | -5.8 | 0% |
| 2021 | 658,433 | 600,766 | 57,667 | -6.0 | 0% |
| 2022 | 676,299 | 606,744 | 69,555 | -4.6 | 0% |
| 2023 | 692,117 | 644,666 | 47,451 | -3.4 | 0% |
In its most recent public year (2023), this organization brought in $47,451 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.4 months), up from -5.8 in 2020. 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
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