Bassett Park Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 189,826 | 302,788 | −112,962 | -14.9 | 20% |
| 2012 | 186,518 | 283,588 | −97,070 | -20.0 | 21% |
| 2013 | 186,123 | 279,985 | −93,862 | -24.3 | 21% |
| 2014 | 189,453 | 276,536 | −87,083 | -28.4 | 19% |
| 2015 | 188,268 | 358,441 | −170,173 | -27.6 | 16% |
| 2016 | 196,244 | 292,894 | −96,650 | -37.7 | 19% |
| 2017 | 214,749 | 270,246 | −55,497 | -43.3 | 19% |
| 2018 | 230,183 | 308,451 | −78,268 | -41.0 | 17% |
| 2019 | 225,763 | 296,682 | −70,919 | -45.5 | 19% |
| 2020 | 248,425 | 317,353 | −68,928 | -45.2 | 17% |
| 2021 | 266,239 | 352,282 | −86,043 | -43.6 | 14% |
| 2022 | 255,707 | 360,918 | −105,211 | -46.1 | 17% |
| 2023 | 279,215 | 378,027 | −98,812 | -47.1 | 19% |
In its most recent public year (2023), this organization spent $98,812 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-47.1 months), down from -14.9 in 2011. Staff pay was 19% 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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