Jennings Manor Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 527,114 | 696,490 | −169,376 | -31.2 | 20% |
| 2021 | 658,611 | 641,328 | 17,283 | -33.5 | 20% |
| 2022 | 536,503 | 598,262 | −61,759 | -37.2 | 20% |
| 2023 | 540,185 | 612,708 | −72,523 | -37.7 | 19% |
| 2024 | 548,589 | 674,562 | −125,973 | -36.5 | 19% |
In its most recent public year (2024), this organization spent $125,973 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-36.5 months), down from -31.2 in 2020. Staff pay was 19% 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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