Madelia Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 231,922 | 249,095 | −17,173 | -25.3 | 0% |
| 2012 | 238,434 | 262,622 | −24,188 | -25.1 | 0% |
| 2013 | 190,234 | 244,725 | −54,491 | -29.6 | 0% |
| 2014 | 223,521 | 258,680 | −35,159 | -29.7 | 0% |
| 2015 | 259,104 | 277,867 | −18,763 | -28.4 | 0% |
| 2016 | 269,772 | 254,653 | 15,119 | -30.3 | 0% |
| 2017 | 271,359 | 277,515 | −6,156 | -28.1 | 0% |
| 2019 | 303,513 | 285,346 | 18,167 | -28.1 | 0% |
| 2020 | 317,053 | 324,519 | −7,466 | -25.0 | 0% |
| 2023 | 341,512 | 326,117 | 15,395 | -22.6 | 0% |
In its most recent public year (2023), this organization brought in $15,395 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-22.6 months), up from -25.3 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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