Drake Manor Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,618 | 187,236 | −60,618 | 48.0 | 15% |
| 2012 | 156,772 | 165,861 | −9,089 | 53.5 | 18% |
| 2015 | 145,649 | 196,722 | −51,073 | 35.7 | 19% |
| 2017 | 157,476 | 200,320 | −42,844 | 30.2 | 21% |
| 2019 | 157,143 | 200,378 | −43,235 | 24.2 | 22% |
| 2020 | 158,993 | 187,340 | −28,347 | 24.1 | 20% |
| 2021 | 159,588 | 171,898 | −12,310 | 25.4 | 8% |
| 2022 | 234,928 | 287,099 | −52,171 | 13.0 | 15% |
| 2023 | 158,870 | 238,473 | −79,603 | 11.7 | 21% |
In its most recent public year (2023), this organization spent $79,603 more than it brought in. Its reserves stood at about 11.7 months of spending, down from 48 in 2011. Staff pay was 21% 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
Drake Manor Housing Development Fund Company Inc'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