Colony Lane Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 681,296 | 1,047,550 | −366,254 | 106.7 | 0% |
| 2021 | 663,065 | 1,054,900 | −391,835 | 101.5 | 0% |
| 2022 | 794,633 | 1,049,487 | −254,854 | 99.1 | 0% |
| 2023 | 875,556 | 1,123,726 | −248,170 | 89.9 | 0% |
| 2024 | 789,053 | 1,039,522 | −250,469 | 94.3 | 0% |
In its most recent public year (2024), this organization spent $250,469 more than it brought in. Its reserves stood at about 94.3 months of spending, down from 106.7 in 2020. 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 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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