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

Homestretch Nonprofit Housing Corporation

Traverse City, MI / EIN 38-3337549 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011354,742229,742125,00012.761%
2012192,957201,257−8,30011.258%
2013185,995214,753−28,7588.958%
2014550,567657,770−107,2030.516%
201537,63441,615−3,9816.156%
2016115,73055,90859,8228.319%
2017187,425168,60418,8212.29%
2018299,388282,65816,7302.031%
2019332,907286,78046,1276.934%
2020182,317315,631−133,3143.826%
2021707,913369,104338,80914.323%
20221,174,063441,420732,64331.934%
20233,070,311971,4042,098,90742.624%

In its most recent public year (2023), this organization brought in $2,098,907 more than it spent. Its reserves stood at about 42.6 months of spending, up from 12.7 in 2011. Staff pay was 24% of spending. $1,922,924 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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