Grand Avenue Ecdc Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 63,101 | 96,682 | −33,581 | -28.3 | 5% |
| 2013 | 109,124 | 100,542 | 8,582 | -26.2 | 6% |
| 2014 | 63,476 | 109,585 | −46,109 | -29.1 | 6% |
| 2015 | 66,619 | 106,936 | −40,317 | -34.3 | 6% |
| 2016 | 65,906 | 111,899 | −45,993 | -37.7 | 7% |
| 2017 | 70,173 | 111,542 | −41,369 | -42.3 | 6% |
| 2018 | 74,121 | 115,876 | −41,755 | -45.0 | 13% |
| 2019 | 85,430 | 126,412 | −40,982 | -45.2 | 7% |
| 2020 | 85,283 | 126,408 | −41,125 | -49.1 | 7% |
| 2021 | 83,080 | 125,815 | −42,735 | -53.4 | 7% |
| 2022 | 87,824 | 131,096 | −43,272 | -55.2 | 6% |
| 2023 | 85,823 | 143,900 | −58,077 | -55.1 | 5% |
| 2024 | 93,908 | 161,049 | −67,141 | -54.3 | 6% |
In its most recent public year (2024), this organization spent $67,141 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-54.3 months), down from -28.3 in 2012. Staff pay was 6% 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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