Operating record

Our Lady Of Fatima Apartments Housing Dev Fund Company Inc

Brooklyn, NY · EIN 11-3201992 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$955,967$1,165,899−$209,932-27.00%
2021$972,901$1,182,295−$209,394-28.80%
2022$1,035,179$1,257,918−$222,739-29.20%
2023$1,085,220$1,350,230−$265,010-29.50%

In its most recent public year (2023), this organization spent $265,010 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.5 months), down from -27 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 ↗