1330 Morris Avenue Housing Development Fund Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 488,886 | 456,678 | 32,208 | -3.7 | 0% |
| 2012 | 456,022 | 422,803 | 33,219 | -3.1 | 0% |
| 2013 | 521,056 | 481,106 | 39,950 | -1.7 | 0% |
| 2014 | 561,033 | 494,808 | 66,225 | -0.1 | 0% |
| 2015 | 564,497 | 468,874 | 95,623 | 2.4 | 0% |
| 2016 | 555,110 | 469,624 | 85,486 | 4.5 | 0% |
| 2017 | 580,328 | 506,213 | 74,115 | 6.0 | 0% |
| 2018 | 586,525 | 539,130 | 47,395 | 6.7 | 0% |
| 2019 | 604,027 | 551,819 | 52,208 | 7.6 | 0% |
| 2020 | 639,514 | 555,277 | 84,237 | 25.2 | 0% |
| 2021 | 629,766 | 540,622 | 89,144 | 27.9 | 0% |
| 2022 | 664,317 | 663,757 | 560 | 22.7 | 0% |
| 2023 | 643,775 | 632,570 | 11,205 | 24.0 | 0% |
In its most recent public year (2023), this organization brought in $11,205 more than it spent. Its reserves stood at about 24 months of spending, up from -3.7 in 2011. Staff pay was 0% of spending. $730,000 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
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