Pond Street Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 513,853 | 532,262 | −18,409 | -26.9 | 20% |
| 2022 | 506,225 | 542,612 | −36,387 | -27.2 | 19% |
| 2023 | 531,750 | 487,666 | 44,084 | -29.1 | 17% |
In its most recent public year (2023), this organization brought in $44,084 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-29.1 months), down from -26.9 in 2021. Staff pay was 17% 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
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