Foundation For Affordable Housing Vi Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,221,948 | 2,689,233 | 2,532,715 | 2.4 | 66% |
| 2021 | 3,417,355 | 3,336,941 | 80,414 | 2.2 | 67% |
| 2022 | 4,337,071 | 4,695,906 | −358,835 | 0.6 | 72% |
| 2023 | 2,104,053 | 2,698,158 | −594,105 | -1.5 | 64% |
In its most recent public year (2023), this organization spent $594,105 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 2.4 in 2020. Staff pay was 64% 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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