Turner Affordable Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 489,962 | 539,263 | −49,301 | -23.1 | 0% |
| 2021 | 494,684 | 576,120 | −81,436 | -23.4 | 9% |
| 2022 | 554,960 | 565,871 | −10,911 | -24.0 | 11% |
| 2023 | 520,952 | 538,243 | −17,291 | -25.6 | 12% |
| 2024 | 579,337 | 554,867 | 24,470 | -24.3 | 10% |
In its most recent public year (2024), this organization brought in $24,470 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-24.3 months), down from -23.1 in 2020. Staff pay was 10% 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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