Fac Restore Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 334,794 | 494,288 | −159,494 | 0.6 | 0% |
| 2012 | 339,065 | 480,354 | −141,289 | -2.9 | 0% |
| 2013 | 349,693 | 449,812 | −100,119 | -5.8 | 0% |
| 2014 | 349,725 | 484,763 | −135,038 | -8.7 | 0% |
| 2015 | 380,498 | 509,288 | −128,790 | -11.3 | 0% |
| 2016 | 390,166 | 499,405 | −109,239 | -14.2 | 0% |
| 2017 | 422,028 | 504,887 | −82,859 | -16.0 | 0% |
| 2018 | 405,448 | 524,925 | −119,477 | -18.1 | 0% |
| 2019 | 404,796 | 554,725 | −149,929 | -20.4 | 0% |
| 2020 | 443,308 | 551,732 | −108,424 | -22.8 | 0% |
| 2021 | 425,757 | 612,263 | −186,506 | -24.2 | 0% |
| 2022 | 449,140 | 560,467 | −111,327 | -28.9 | 0% |
| 2023 | 482,782 | 606,951 | −124,169 | -28.7 | 0% |
In its most recent public year (2023), this organization spent $124,169 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-28.7 months), down from 0.6 in 2011. 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
Fac Restore 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