Home Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 243,913 | 822,719 | −578,806 | -57.8 | 0% |
| 2022 | 267,232 | 859,683 | −592,451 | -63.5 | 0% |
| 2023 | 309,040 | 849,056 | −540,016 | -72.0 | 0% |
| 2024 | 325,875 | 858,293 | −532,418 | -78.6 | 0% |
In its most recent public year (2024), this organization spent $532,418 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-78.6 months), down from -57.8 in 2021. 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 2024. 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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