Midland Area Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 588,001 | 593,053 | −5,052 | 7.1 | 34% |
| 2012 | 478,397 | 490,577 | −12,180 | 8.4 | 42% |
| 2013 | 546,741 | 508,060 | 38,681 | 9.5 | 44% |
| 2014 | 594,212 | 530,872 | 63,340 | 10.6 | 47% |
| 2015 | 636,156 | 639,103 | −2,947 | 8.2 | 47% |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 675,839 | 697,968 | −22,129 | 5.5 | 41% |
| 2018 | 1,233,927 | 641,411 | 592,516 | 17.0 | 40% |
| 2019 | 830,745 | 693,989 | 136,756 | 18.1 | 40% |
| 2020 | 986,641 | 933,247 | 53,394 | 13.9 | 31% |
| 2021 | 3,230,431 | 2,647,206 | 583,225 | 7.7 | 13% |
| 2022 | 3,716,670 | 4,046,536 | −329,866 | 3.9 | 10% |
| 2023 | 1,237,956 | 1,151,808 | 86,148 | 14.6 | 25% |
In its most recent public year (2023), this organization brought in $86,148 more than it spent. Its reserves stood at about 14.6 months of spending, up from 7.1 in 2011. Staff pay was 25% of spending. $86,631 of its net assets are donor-restricted.
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
Midland Area Homes Inc'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