1068 Franklin Avenue Housing Development Fund Corporation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $550,000 | $537,694 | $12,306 | -8.2 | 0% |
| 2021 | $550,000 | $637,488 | −$87,488 | -8.6 | 0% |
| 2022 | $550,000 | $582,775 | −$32,775 | -10.1 | 0% |
In its most recent public year (2022), this organization spent $32,775 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.1 months), down from -8.2 in 2020. 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 2022. 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 ↗
Be told when its next filing posts
No account, no email address. A new entry appears through a feed — the quiet technology behind podcasts — that you can add to a reader, Slack, or any automation tool. How following works ↗