Fortune Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 3,037,059 | 50 | 3,037,009 | 748375.0 | 0% |
| 2018 | 260,106 | 250 | 259,856 | 162148.1 | 0% |
| 2019 | −892,172 | 7,063 | −899,235 | 597.3 | 0% |
| 2020 | −866,517 | 2,295 | −868,812 | -2704.5 | 0% |
| 2021 | −154,665 | 1,718 | −156,383 | -4705.2 | 0% |
| 2022 | −132,171 | 1,891 | −134,062 | -5125.5 | 0% |
| 2023 | −2,002 | 2,228 | −4,230 | -4373.0 | 0% |
In its most recent public year (2023), this organization spent $4,230 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4373 months). Staff pay was 0% 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
Fortune 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