Penwal Affordable Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 932,056 | 129,901 | 802,155 | 1469.1 | 0% |
| 2012 | 973,698 | 17,263 | 956,435 | 11674.6 | 0% |
| 2013 | 999,499 | 723,601 | 275,898 | 282.0 | 0% |
| 2014 | 580,120 | 5,378,952 | −4,798,832 | 27.2 | 0% |
| 2015 | 612,493 | 87,782 | 524,711 | 1740.5 | 0% |
| 2016 | 649,131 | 79,060 | 570,071 | 2019.0 | 0% |
| 2017 | 679,849 | 80,348 | 599,501 | 2076.2 | 0% |
| 2018 | 756,608 | 6,849 | 749,759 | 25670.2 | 0% |
| 2019 | 753,285 | 19,045 | 734,240 | 9694.2 | 0% |
| 2020 | 788,575 | 35,121 | 753,454 | 5514.3 | 0% |
| 2021 | 916,325 | 633,414 | 282,911 | 305.5 | 0% |
| 2022 | 963,998 | 309 | 963,689 | 668635.7 | 0% |
| 2023 | 1,005,355 | 307,757 | 697,598 | 686.2 | 0% |
In its most recent public year (2023), this organization brought in $697,598 more than it spent. Its reserves stood at about 686.2 months of spending, down from 1469.1 in 2011. 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 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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