Minford Gardens Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 469,619 | 714,686 | −245,067 | -40.3 | 8% |
| 2012 | 463,622 | 728,294 | −264,672 | -43.9 | 9% |
| 2013 | 459,140 | 743,203 | −284,063 | -47.6 | 10% |
| 2014 | 463,562 | 777,399 | −313,837 | -50.3 | 0% |
| 2015 | 463,073 | 752,638 | −289,565 | -56.6 | 0% |
| 2016 | 545,811 | 784,701 | −238,890 | -58.0 | 0% |
| 2017 | 525,173 | 742,370 | −217,197 | -64.8 | 0% |
| 2018 | 513,800 | 700,205 | −186,405 | -71.9 | 9% |
| 2019 | 482,824 | 780,680 | −297,856 | -66.3 | 18% |
| 2020 | 930,152 | 885,818 | 44,334 | -57.9 | 11% |
| 2021 | 933,196 | 893,120 | 40,076 | -56.8 | 13% |
| 2022 | 1,299,366 | 1,111,394 | 187,972 | -44.6 | 13% |
| 2023 | 1,337,971 | 1,126,856 | 211,115 | -41.8 | 2% |
In its most recent public year (2023), this organization brought in $211,115 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-41.8 months), down from -40.3 in 2011. Staff pay was 2% 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 Gardens Housing Development Fund Company Inc'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