Raymond Ballard Apartments Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 362,615 | 495,184 | −132,569 | -11.7 | 0% |
| 2011 | 362,615 | 495,184 | −132,569 | -11.7 | 0% |
| 2012 | 400,733 | 577,927 | −177,194 | -15.4 | 0% |
| 2013 | 419,240 | 709,812 | −290,572 | -17.4 | 0% |
| 2014 | 511,821 | 771,640 | −259,819 | -20.0 | 0% |
| 2015 | 489,999 | 474,549 | 15,450 | -29.6 | 0% |
| 2016 | 435,409 | 591,053 | −155,644 | -27.6 | 0% |
| 2017 | 481,689 | 636,591 | −154,902 | -28.5 | 0% |
| 2018 | 575,269 | 648,915 | −73,646 | -29.4 | 0% |
| 2019 | 429,182 | 1,050,652 | −621,470 | -25.2 | 0% |
| 2020 | 467,022 | 862,942 | −395,920 | -36.3 | 0% |
| 2021 | 586,995 | 748,900 | −161,905 | -44.2 | 0% |
| 2022 | 469,585 | 939,895 | −470,310 | -41.3 | 0% |
| 2023 | 472,324 | 1,559,649 | −1,087,325 | -33.2 | 0% |
In its most recent public year (2023), this organization spent $1,087,325 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-33.2 months), down from -11.7 in 2010. 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
Raymond Ballard Apartments Housing Development Fund Corporation'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