Laverna Terrace Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 455,087 | 342,292 | 112,795 | -19.3 | 15% |
| 2013 | 1,502,020 | 329,396 | 1,172,624 | 22.6 | 14% |
| 2014 | 1,470,436 | 442,927 | 1,027,509 | 44.4 | 0% |
| 2015 | 376,243 | 445,627 | −69,384 | 42.3 | 0% |
| 2016 | 1,304,408 | 471,293 | 833,115 | 61.2 | 0% |
| 2017 | 2,299,113 | 499,820 | 1,799,293 | 100.9 | 0% |
| 2018 | 825,261 | 582,155 | 243,106 | 91.7 | 0% |
| 2019 | 499,191 | 597,813 | −98,622 | 87.3 | 0% |
| 2020 | 505,292 | 581,811 | −76,519 | 88.1 | 0% |
| 2021 | 459,956 | 574,881 | −114,925 | 86.8 | 0% |
| 2022 | 528,611 | 580,741 | −52,130 | 84.8 | 0% |
| 2023 | 469,999 | 542,140 | −72,141 | 89.2 | 0% |
In its most recent public year (2023), this organization spent $72,141 more than it brought in. Its reserves stood at about 89.2 months of spending, up from -19.3 in 2012. Staff pay was 0% 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
Laverna Terrace Housing Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works