Fulton Jefferson Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 65,497 | 88,330 | −22,833 | -160.3 | 9% |
| 2018 | 1,011,903 | 1,386,568 | −374,665 | -13.5 | 12% |
| 2019 | 1,029,529 | 1,453,261 | −423,732 | -16.3 | 12% |
| 2020 | 980,124 | 1,460,088 | −479,964 | -20.2 | 13% |
| 2021 | 1,011,328 | 1,451,865 | −440,537 | -24.0 | 13% |
| 2022 | 1,046,759 | 1,581,344 | −534,585 | -26.1 | 12% |
| 2023 | 1,162,270 | 1,525,051 | −362,781 | -29.9 | 12% |
In its most recent public year (2023), this organization spent $362,781 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.9 months), up from -160.3 in 2017. Staff pay was 12% 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
Fulton Jefferson 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