New Milford Inter Faith Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 921,739 | 1,156,549 | −234,810 | -4.8 | 12% |
| 2021 | 1,011,483 | 1,201,682 | −190,199 | -6.5 | 12% |
| 2022 | 1,000,831 | 1,154,035 | −153,204 | -8.4 | 16% |
| 2023 | 1,034,085 | 1,156,030 | −121,945 | -9.6 | 14% |
In its most recent public year (2023), this organization spent $121,945 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.6 months), down from -4.8 in 2020. Staff pay was 14% 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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