Milford Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23 | 120,299 | −120,276 | -11.7 | — |
| 2012 | 10 | 115,534 | −115,524 | -24.2 | — |
| 2013 | 39 | 97,452 | −97,413 | -40.7 | — |
| 2014 | 44 | 23,054 | −23,010 | -184.0 | — |
| 2015 | 49 | 65,193 | −65,144 | -77.0 | — |
| 2016 | 49 | 31,048 | −30,999 | -173.8 | — |
| 2017 | 45 | 48,192 | −48,147 | -123.9 | — |
| 2018 | 32 | 72,050 | −72,018 | -94.9 | — |
| 2019 | 16 | 52,806 | −52,790 | -150.8 | — |
| 2020 | 17 | 43,035 | −43,018 | -197.1 | — |
| 2021 | 16 | 26,630 | −26,614 | -330.5 | — |
| 2022 | 10 | 34,495 | −34,485 | -267.1 | — |
In its most recent public year (2022), this organization spent $34,485 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-267.1 months), down from -11.7 in 2011.
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
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