Lutheran Non-Profit Housing Corp Ann Arbor-Sequoia Place
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 317,733 | 416,111 | −98,378 | -32.8 | 25% |
| 2013 | 331,071 | 412,291 | −81,220 | -35.4 | 25% |
| 2014 | 333,064 | 433,930 | −100,866 | -36.4 | 24% |
| 2015 | 348,250 | 451,450 | −103,200 | -37.8 | 23% |
| 2016 | 369,753 | 483,653 | −113,900 | -38.1 | 25% |
| 2017 | 395,286 | 459,726 | −64,440 | -41.8 | 26% |
| 2018 | 399,703 | 467,585 | −67,882 | -42.8 | 25% |
| 2019 | 413,832 | 496,635 | −82,803 | -42.3 | 25% |
| 2020 | 413,286 | 468,767 | −55,481 | -46.2 | 27% |
| 2021 | 328,248 | 496,466 | −168,218 | -47.7 | 22% |
| 2022 | 450,562 | 562,178 | −111,616 | -44.5 | 21% |
| 2023 | 444,428 | 570,827 | −126,399 | -46.5 | 21% |
In its most recent public year (2023), this organization spent $126,399 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-46.5 months), down from -32.8 in 2012. Staff pay was 21% of spending. $1,240 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
Lutheran Non-Profit Housing Corp Ann Arbor-Sequoia Place'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