Operating record

Freelandville Housing Development Inc

Indianapolis, IN · EIN 35-1416640 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$56,692$79,091−$22,3994.9
2020$67,856$79,682−$11,8263.1
2021$67,296$78,180−$10,8841.5
2022$76,137$75,260$8771.7
2023$76,214$90,947−$14,733-0.6

In its most recent public year (2023), this organization spent $14,733 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 4.9 in 2019.

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 ↗