First Richland Morrow Housing Inc Vi
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 161,809 | 173,113 | −11,304 | -51.3 | 11% |
| 2012 | 177,958 | 180,188 | −2,230 | -49.4 | 13% |
| 2013 | 166,064 | 189,163 | −23,099 | -48.6 | 15% |
| 2014 | 159,898 | 183,468 | −23,570 | -51.6 | 18% |
| 2015 | 166,998 | 185,618 | −18,620 | -52.2 | 16% |
| 2016 | 141,401 | 198,573 | −57,172 | -52.3 | 14% |
| 2017 | 148,383 | 208,759 | −60,376 | -53.2 | 11% |
| 2018 | 156,298 | 210,414 | −54,116 | -55.8 | 14% |
| 2019 | 165,033 | 194,395 | −29,362 | -62.3 | 15% |
| 2020 | 173,113 | 194,422 | −21,309 | -63.6 | 13% |
| 2021 | 174,173 | 227,514 | −53,341 | -57.1 | 15% |
| 2022 | 169,719 | 219,318 | −49,599 | -62.0 | 17% |
| 2023 | 179,938 | 222,232 | −42,294 | -63.5 | 15% |
In its most recent public year (2023), this organization spent $42,294 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-63.5 months), down from -51.3 in 2011. Staff pay was 15% 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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