Blue Water Residential Nonprofit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 231,369 | 225,392 | 5,977 | 5.3 | 7% |
| 2012 | 63,329 | 75,288 | −11,959 | -7.9 | 0% |
| 2013 | 63,920 | 63,660 | 260 | -9.3 | 0% |
| 2014 | 99,422 | 93,686 | 5,736 | -5.6 | 0% |
| 2015 | 67,939 | 94,268 | −26,329 | -8.9 | 0% |
| 2016 | 58,300 | 58,548 | −248 | -14.4 | 0% |
| 2017 | 58,831 | 51,459 | 7,372 | -14.7 | 0% |
| 2018 | 128,424 | 57,145 | 71,279 | 1.8 | 0% |
| 2019 | 91,403 | 52,331 | 39,072 | 10.9 | 0% |
| 2020 | 60,263 | 52,438 | 7,825 | 12.7 | 0% |
| 2021 | 58,148 | 55,770 | 2,378 | 12.4 | 0% |
| 2022 | 71,368 | 69,440 | 1,928 | 10.3 | 0% |
| 2023 | 79,473 | 64,416 | 15,057 | 13.9 | 0% |
In its most recent public year (2023), this organization brought in $15,057 more than it spent. Its reserves stood at about 13.9 months of spending, up from 5.3 in 2011. 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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