First Home Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 156,112 | 111,410 | 44,702 | 0.7 | 48% |
| 2012 | 208,873 | 171,373 | 37,500 | 3.1 | 45% |
| 2013 | 218,117 | 191,863 | 26,254 | 5.1 | 49% |
| 2014 | 200,322 | 224,495 | −24,173 | 2.9 | 48% |
| 2015 | 188,037 | 252,893 | −64,856 | -0.5 | 49% |
| 2016 | 191,033 | 212,596 | −21,563 | -1.7 | 54% |
| 2017 | 235,772 | 240,062 | −4,290 | -1.8 | 53% |
| 2018 | 216,110 | 256,021 | −39,911 | -3.5 | 43% |
| 2019 | 237,056 | 202,074 | 34,982 | -2.4 | 27% |
| 2020 | 484,838 | 432,435 | 52,403 | 0.2 | 23% |
| 2021 | 342,715 | 454,205 | −111,490 | -2.7 | 33% |
| 2022 | 646,062 | 789,060 | −142,998 | -3.8 | 42% |
| 2023 | 852,284 | 913,251 | −60,967 | -1.4 | 49% |
In its most recent public year (2023), this organization spent $60,967 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.4 months), down from 0.7 in 2011. Staff pay was 49% 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
First Home Alliance Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works