Seven Corners Community Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,715,768 | 2,911,838 | −196,070 | -16.9 | 0% |
| 2013 | 2,763,655 | 2,992,156 | −228,501 | -17.3 | 0% |
| 2014 | 2,791,832 | 3,153,591 | −361,759 | -17.8 | 0% |
| 2015 | 2,823,044 | 3,158,592 | −335,548 | -19.1 | 0% |
| 2016 | 2,929,899 | 3,218,073 | −288,174 | -19.8 | 0% |
| 2017 | 3,033,377 | 3,351,837 | −318,460 | -20.1 | 0% |
| 2018 | 3,086,492 | 3,325,461 | −238,969 | -21.1 | 0% |
| 2019 | 3,133,266 | 3,326,931 | −193,665 | -21.8 | 0% |
| 2020 | 3,183,641 | 3,333,058 | −149,417 | -22.3 | 0% |
| 2021 | 3,156,337 | 3,294,344 | −138,007 | -23.1 | 0% |
| 2022 | 3,192,447 | 3,480,481 | −288,034 | -22.9 | 0% |
| 2023 | 3,296,573 | 3,663,643 | −367,070 | -22.9 | 0% |
| 2024 | 3,421,616 | 3,653,766 | −232,150 | -23.7 | 0% |
In its most recent public year (2024), this organization spent $232,150 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-23.7 months), down from -16.9 in 2012. 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 2024. 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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