Monadnock Affordable Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,718,098 | 3,683,648 | 1,034,450 | 26.2 | 0% |
| 2021 | 6,742,174 | 3,917,033 | 2,825,141 | 33.3 | 0% |
| 2022 | 5,603,339 | 3,503,414 | 2,099,925 | 45.9 | 0% |
| 2023 | 7,471,352 | 5,641,748 | 1,829,604 | 33.9 | 12% |
In its most recent public year (2023), this organization brought in $1,829,604 more than it spent. Its reserves stood at about 33.9 months of spending, up from 26.2 in 2020. Staff pay was 12% of spending. $65,536 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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