Truenorth Center For Nonprofit Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 592,725 | 777,031 | −184,306 | 30.4 | 27% |
| 2012 | 684,224 | 755,521 | −71,297 | 30.1 | 25% |
| 2013 | 616,036 | 694,268 | −78,232 | 31.4 | 25% |
| 2014 | 456,145 | 582,840 | −126,695 | 35.2 | 18% |
| 2015 | 312,717 | 454,564 | −141,847 | 41.3 | 22% |
| 2016 | 254,378 | 408,010 | −153,632 | 41.6 | 30% |
| 2017 | 287,855 | 303,894 | −16,039 | 55.5 | 25% |
| 2018 | −183,853 | 218,514 | −402,367 | 54.6 | 20% |
| 2019 | 338,686 | 349,614 | −10,928 | 34.5 | 17% |
| 2020 | 406,990 | 439,066 | −32,076 | 28.2 | 21% |
| 2021 | 459,262 | 493,736 | −34,474 | 24.8 | 20% |
| 2022 | 462,627 | 536,552 | −73,925 | 20.4 | 18% |
| 2023 | 747,463 | 811,742 | −64,279 | 12.9 | 18% |
In its most recent public year (2023), this organization spent $64,279 more than it brought in. Its reserves stood at about 12.9 months of spending, down from 30.4 in 2011. Staff pay was 18% of spending. $297,089 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
Truenorth Center For Nonprofit Housing'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