Mhany 2005 Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 432,363 | 557,461 | −125,098 | -12.1 | 10% |
| 2013 | 462,600 | 617,965 | −155,365 | -13.9 | 11% |
| 2014 | 447,692 | 768,036 | −320,344 | -16.2 | 8% |
| 2015 | 489,880 | 700,998 | −211,118 | -21.4 | 9% |
| 2016 | 542,680 | 665,963 | −123,283 | -24.7 | 11% |
| 2017 | 655,905 | 644,379 | 11,526 | -25.4 | 0% |
| 2018 | 496,926 | 776,645 | −279,719 | -25.4 | 0% |
| 2019 | 300,926 | 339,153 | −38,227 | -67.1 | 0% |
| 2020 | 613,914 | 772,849 | −158,935 | -31.9 | 0% |
| 2021 | 550,160 | 760,843 | −210,683 | -35.7 | 0% |
| 2022 | 512,584 | 788,566 | −275,982 | -38.7 | 0% |
| 2023 | 547,822 | 843,688 | −295,866 | -40.4 | 0% |
In its most recent public year (2023), this organization spent $295,866 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.4 months), down from -12.1 in 2012. 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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