Neighborhood Housing Services Of Minneapolis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 88,609 | 144,214 | −55,605 | 269.2 | 0% |
| 2021 | 167,945 | 400,564 | −232,619 | 89.7 | 0% |
| 2022 | 225,376 | 335,656 | −110,280 | 100.2 | 0% |
| 2023 | 83,794 | 211,725 | −127,931 | 151.5 | 0% |
In its most recent public year (2023), this organization spent $127,931 more than it brought in. Its reserves stood at about 151.5 months of spending, down from 269.2 in 2020. Staff pay was 0% of spending. $2,100,638 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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