Marygrove Nonprofit Housing Corporation Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 528,954 | 652,321 | −123,367 | 52.7 | 0% |
| 2012 | 548,167 | 641,636 | −93,469 | 51.8 | 0% |
| 2013 | 562,368 | 669,673 | −107,305 | 47.8 | 0% |
| 2014 | 779,655 | 754,857 | 24,798 | 42.8 | 0% |
| 2015 | 567,570 | 692,404 | −124,834 | 44.5 | 0% |
| 2016 | 561,668 | 688,471 | −126,803 | 42.5 | 0% |
| 2017 | 572,300 | 657,665 | −85,365 | 42.9 | 0% |
| 2018 | 563,761 | 709,339 | −145,578 | 37.3 | 0% |
| 2019 | 570,674 | 789,465 | −218,791 | 30.2 | 0% |
| 2020 | 566,376 | 817,852 | −251,476 | 25.5 | 0% |
| 2021 | 585,799 | 791,094 | −205,295 | 23.2 | 0% |
| 2022 | 633,479 | 768,431 | −134,952 | 21.8 | 0% |
| 2023 | 668,274 | 759,717 | −91,443 | 20.6 | 0% |
In its most recent public year (2023), this organization spent $91,443 more than it brought in. Its reserves stood at about 20.6 months of spending, down from 52.7 in 2011. Staff pay was 0% of spending. $4,770,000 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
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