Steepleview Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 154,929 | 141,101 | 13,828 | -23.5 | 24% |
| 2021 | 164,843 | 158,110 | 6,733 | -20.4 | 22% |
| 2022 | 173,965 | 167,368 | 6,597 | -18.8 | 21% |
| 2023 | 196,780 | 174,871 | 21,909 | -16.5 | 21% |
In its most recent public year (2023), this organization brought in $21,909 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-16.5 months), up from -23.5 in 2020. 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
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