Leisure Acres Phase Ii Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,202,034 | 1,484,748 | 717,286 | 3.7 | 0% |
| 2011 | 2,925,291 | 1,888,477 | 1,036,814 | 36.1 | 0% |
| 2012 | 1,431,134 | 1,697,763 | −266,629 | 8.7 | 12% |
| 2013 | 1,485,738 | 1,744,922 | −259,184 | 6.7 | 12% |
| 2014 | 1,546,251 | 1,860,512 | −314,261 | 4.2 | 9% |
| 2015 | 1,515,413 | 1,694,388 | −178,975 | 3.4 | 10% |
| 2016 | 1,527,804 | 1,980,744 | −452,940 | 0.2 | 7% |
| 2017 | 1,579,540 | 1,701,052 | −121,512 | -0.7 | 9% |
| 2018 | 1,647,642 | 1,799,404 | −151,762 | -1.7 | 9% |
| 2019 | 1,670,663 | 1,924,734 | −254,071 | -3.1 | 8% |
| 2020 | 1,686,041 | 1,829,000 | −142,959 | -4.2 | 9% |
| 2021 | 1,675,294 | 1,690,282 | −14,988 | -4.7 | 9% |
| 2022 | 1,678,965 | 1,820,557 | −141,592 | -5.3 | 7% |
| 2023 | 1,879,743 | 1,830,679 | 49,064 | -4.9 | 8% |
In its most recent public year (2023), this organization brought in $49,064 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.9 months), down from 3.7 in 2010. Staff pay was 8% 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
Leisure Acres Phase Ii 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