David Minkin Residence Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,217,184 | 1,380,990 | −163,806 | -33.5 | 0% |
| 2021 | 1,203,463 | 1,408,073 | −204,610 | -34.6 | 0% |
| 2022 | 1,242,880 | 1,506,173 | −263,293 | -34.5 | 0% |
| 2023 | 1,302,482 | 1,603,045 | −300,563 | -34.6 | 0% |
In its most recent public year (2023), this organization spent $300,563 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.6 months), down from -33.5 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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