Selk Housing Development Fund Company Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2019 | $1,585,936 | $1,735,558 | −$149,622 | -24.4 | 12% |
| 2020 | $1,557,488 | $1,679,365 | −$121,877 | -26.3 | 10% |
| 2021 | $1,528,319 | $1,720,450 | −$192,131 | -26.8 | 9% |
| 2022 | $1,598,899 | $1,999,398 | −$400,499 | -25.5 | 8% |
| 2023 | $1,702,592 | $1,694,853 | $7,739 | -29.9 | 11% |
In its most recent public year (2023), this organization brought in $7,739 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-29.9 months), down from -24.4 in 2019. Staff pay was 11% 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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