Restored Homes Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,267,205 | 5,497,409 | −1,230,204 | -3.0 | 4% |
| 2012 | 4,220,274 | 6,315,978 | −2,095,704 | -6.6 | 4% |
| 2013 | 1,634,251 | 3,506,176 | −1,871,925 | -18.2 | 7% |
| 2014 | 864,882 | 703,761 | 161,121 | -88.0 | 65% |
| 2015 | 484,195 | 839,386 | −355,191 | -78.9 | 58% |
| 2016 | 371,541 | 388,459 | −16,918 | -171.0 | 60% |
| 2017 | 374,788 | 491,720 | −116,932 | -136.4 | 26% |
| 2018 | 6,565,343 | 568,497 | 5,996,846 | 8.6 | 31% |
| 2019 | 1,366,196 | 3,135,047 | −1,768,851 | -5.2 | 12% |
| 2020 | 839,041 | 1,619,497 | −780,456 | -15.9 | 24% |
| 2021 | 472,260 | 594,571 | −122,311 | -45.7 | 58% |
| 2022 | 1,221,445 | 1,334,533 | −113,088 | -21.4 | 0% |
| 2023 | 1,391,758 | 1,051,508 | 340,250 | -23.2 | 0% |
In its most recent public year (2023), this organization brought in $340,250 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-23.2 months), down from -3 in 2011. Staff pay was 0% of spending. $3,377,510 of its net assets are donor-restricted.
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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