Flemister Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 965,583 | 936,852 | 28,731 | 3.8 | 7% |
| 2012 | 1,337,882 | 1,352,018 | −14,136 | -11.8 | 41% |
| 2013 | 1,823,658 | 1,592,808 | 230,850 | -8.2 | 37% |
| 2014 | 1,936,962 | 1,730,342 | 206,620 | -6.1 | 34% |
| 2015 | 2,056,035 | 1,842,795 | 213,240 | -4.4 | 33% |
| 2016 | 1,421,629 | 1,876,994 | −455,365 | -7.2 | 35% |
| 2017 | 1,454,004 | 1,768,759 | −314,755 | -9.8 | 36% |
| 2018 | 1,517,532 | 1,821,296 | −303,764 | -11.8 | 38% |
| 2019 | 1,538,660 | 1,810,472 | −271,812 | -13.6 | 40% |
| 2020 | 1,352,796 | 1,860,078 | −507,282 | -16.6 | 35% |
| 2021 | 1,728,950 | 1,945,482 | −216,532 | -17.2 | 34% |
| 2022 | 1,725,902 | 1,958,933 | −233,031 | -18.5 | 34% |
| 2023 | 1,690,765 | 1,736,835 | −46,070 | -21.5 | 36% |
In its most recent public year (2023), this organization spent $46,070 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.5 months), down from 3.8 in 2011. Staff pay was 36% of spending. $6,431 of its net assets are donor-restricted.
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
Flemister 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