Second Baptist Housing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 446,665 | 417,761 | 28,904 | -12.5 | 13% |
| 2012 | 466,568 | 448,306 | 18,262 | -11.2 | 14% |
| 2013 | 273,591 | 334,218 | −60,627 | 85.8 | 17% |
| 2014 | 317,072 | 327,395 | −10,323 | 87.2 | 15% |
| 2015 | 288,826 | 319,725 | −30,899 | 88.2 | 17% |
| 2016 | 286,568 | 335,440 | −48,872 | 82.3 | 17% |
| 2017 | 293,582 | 352,220 | −58,638 | 76.4 | 16% |
| 2018 | 290,503 | 347,794 | −57,291 | 75.4 | 16% |
| 2019 | 290,555 | 328,155 | −37,600 | 78.5 | 16% |
| 2020 | 296,574 | 329,315 | −32,741 | 77.0 | 17% |
| 2021 | 297,150 | 347,931 | −50,781 | 71.1 | 16% |
| 2022 | 300,488 | 406,026 | −105,538 | 57.8 | 0% |
| 2023 | 569,542 | 576,708 | −7,166 | -6.6 | 0% |
In its most recent public year (2023), this organization spent $7,166 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.6 months), up from -12.5 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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