Park Ridge Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 422,648 | 417,290 | 5,358 | -21.1 | 22% |
| 2012 | 416,783 | 425,761 | −8,978 | -21.0 | 21% |
| 2013 | 413,440 | 432,894 | −19,454 | -21.0 | 23% |
| 2014 | 432,563 | 439,602 | −7,039 | -21.4 | 26% |
| 2015 | 444,418 | 494,057 | −49,639 | -20.2 | 28% |
| 2016 | 461,403 | 467,518 | −6,115 | -21.5 | 25% |
| 2017 | 486,801 | 491,004 | −4,203 | -20.7 | 28% |
| 2018 | 478,985 | 438,859 | 40,126 | -21.9 | 25% |
| 2019 | 497,274 | 466,501 | 30,773 | -20.0 | 21% |
| 2020 | 493,597 | 479,920 | 13,677 | -19.3 | 24% |
| 2021 | 567,289 | 476,155 | 91,134 | -16.8 | 16% |
| 2022 | 576,354 | 564,742 | 11,612 | -13.7 | 23% |
| 2023 | 601,726 | 522,741 | 78,985 | -13.1 | 13% |
In its most recent public year (2023), this organization brought in $78,985 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-13.1 months), up from -21.1 in 2011. Staff pay was 13% 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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