Academy Arms Housing Developement Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 207,774 | 223,395 | −15,621 | -21.3 | 6% |
| 2012 | 198,881 | 217,741 | −18,860 | -22.9 | 6% |
| 2013 | 200,719 | 219,395 | −18,676 | -23.8 | 6% |
| 2014 | 297,284 | 224,952 | 72,332 | -19.3 | 6% |
| 2015 | 202,504 | 212,629 | −10,125 | -21.0 | 6% |
| 2016 | 208,760 | 225,240 | −16,480 | -20.7 | 12% |
| 2017 | 209,827 | 216,299 | −6,472 | -21.9 | 13% |
| 2018 | 203,086 | 237,017 | −33,931 | -21.7 | 14% |
| 2019 | 214,154 | 234,394 | −20,240 | -23.0 | 14% |
| 2020 | 196,121 | 238,294 | −42,173 | -24.8 | 14% |
| 2021 | 208,565 | 249,472 | −40,907 | -25.6 | 13% |
| 2022 | 246,693 | 236,000 | 10,693 | -26.5 | 12% |
| 2023 | 252,086 | 267,263 | −15,177 | -24.1 | 12% |
In its most recent public year (2023), this organization spent $15,177 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-24.1 months), down from -21.3 in 2011. Staff pay was 12% 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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