First Richland-Morrow Housing Inc Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 310,459 | 258,409 | 52,050 | -14.9 | 10% |
| 2012 | 299,914 | 287,102 | 12,812 | -12.9 | 10% |
| 2013 | 314,740 | 293,691 | 21,049 | -11.8 | 12% |
| 2014 | 324,754 | 287,017 | 37,737 | -10.5 | 13% |
| 2015 | 329,654 | 296,867 | 32,787 | -8.8 | 12% |
| 2016 | 317,665 | 303,613 | 14,052 | -8.0 | 10% |
| 2017 | 347,673 | 330,890 | 16,783 | -6.8 | 11% |
| 2018 | 341,087 | 356,976 | −15,889 | -6.8 | 9% |
| 2019 | 340,278 | 354,930 | −14,652 | -7.3 | 11% |
| 2020 | 353,232 | 334,150 | 19,082 | -7.1 | 11% |
| 2021 | 348,391 | 333,802 | 14,589 | -6.6 | 13% |
| 2022 | 352,812 | 304,421 | 48,391 | -5.3 | 16% |
| 2023 | 358,860 | 334,588 | 24,272 | -4.0 | 12% |
In its most recent public year (2023), this organization brought in $24,272 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4 months), up from -14.9 in 2011. Staff pay was 12% 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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