Idlewild Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 183,646 | 171,714 | 11,932 | -26.4 | 0% |
| 2021 | 191,969 | 182,086 | 9,883 | -24.2 | 0% |
| 2022 | 189,270 | 200,781 | −11,511 | -22.7 | 0% |
| 2023 | 213,899 | 183,541 | 30,358 | -22.8 | 0% |
In its most recent public year (2023), this organization brought in $30,358 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-22.8 months), up from -26.4 in 2020. 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
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