New Home Development Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 478,466 | 478,762 | −296 | 13.8 | 42% |
| 2012 | 478,379 | 469,660 | 8,719 | 14.3 | 45% |
| 2013 | 521,951 | 506,285 | 15,666 | 13.6 | 44% |
| 2014 | 536,463 | 494,841 | 41,622 | 14.9 | 44% |
| 2015 | 863,803 | 477,392 | 386,411 | 25.2 | 45% |
| 2016 | 1,022,262 | 516,792 | 505,470 | 31.4 | 42% |
| 2017 | 533,428 | 542,268 | −8,840 | 29.8 | 40% |
| 2018 | 600,396 | 571,830 | 28,566 | 28.8 | 38% |
| 2019 | 630,128 | 592,949 | 37,179 | 28.6 | 38% |
| 2020 | 668,762 | 582,908 | 85,854 | 30.8 | 41% |
| 2021 | 656,142 | 583,363 | 72,779 | 32.3 | 43% |
| 2022 | 860,456 | 744,993 | 115,463 | 27.1 | 53% |
| 2023 | 1,231,703 | 817,399 | 414,304 | 30.8 | 55% |
In its most recent public year (2023), this organization brought in $414,304 more than it spent. Its reserves stood at about 30.8 months of spending, up from 13.8 in 2011. Staff pay was 55% 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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