everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Independence Commons Homeowners Assoc

Farmingtn Hls, MI / EIN 38-2511056 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201192,89568,67324,222-9.5
201293,30168,35224,949-5.1
201390,45065,74424,706-0.8
2014101,23092,9138,3170.5
201597,099100,147−3,0480.1
201699,10276,89822,2043.6
201796,578106,735−10,1571.4
201893,910106,181−12,2710.1
201996,04992,4633,5860.5
202097,00572,75324,2524.7
202196,28070,48925,7919.2
2022138,017103,77734,24010.2
2023127,079144,109−17,0305.9

In its most recent public year (2023), this organization spent $17,030 more than it brought in. Its reserves stood at about 5.9 months of spending, up from -9.5 in 2011.

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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