Minford Associates Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,265 | 163,731 | −15,466 | -7.5 | 0% |
| 2012 | 125,276 | 125,891 | −615 | -9.8 | 0% |
| 2013 | 170,540 | 121,974 | 48,566 | -5.3 | 0% |
| 2014 | 168,333 | 141,630 | 26,703 | -2.3 | 0% |
| 2015 | 171,564 | 200,032 | −28,468 | -3.3 | 0% |
| 2016 | 212,318 | 163,352 | 48,966 | -0.5 | 0% |
| 2017 | 162,895 | 162,525 | 370 | -0.5 | 0% |
| 2018 | 180,465 | 105,966 | 74,499 | 7.7 | 0% |
| 2019 | 322,021 | 159,360 | 162,661 | -48.2 | 0% |
| 2020 | 189,827 | 206,778 | −16,951 | -38.2 | 0% |
| 2021 | 185,838 | 173,309 | 12,529 | -44.7 | 0% |
| 2022 | 211,885 | 199,558 | 12,327 | -38.1 | 0% |
| 2023 | 228,054 | 178,798 | 49,256 | -39.1 | 0% |
In its most recent public year (2023), this organization brought in $49,256 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-39.1 months), down from -7.5 in 2011. 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
Minford Associates 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