Grand River Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,036 | 26,612 | −5,576 | -15.2 | — |
| 2012 | 24,975 | 29,567 | −4,592 | -15.6 | — |
| 2013 | 27,446 | 29,892 | −2,446 | -16.4 | — |
| 2014 | 26,513 | 27,168 | −655 | -18.3 | — |
| 2015 | 29,099 | 29,116 | −17 | -16.4 | — |
| 2016 | 30,739 | 30,460 | 279 | -15.6 | — |
| 2017 | 46,167 | 33,308 | 12,859 | -9.6 | — |
| 2018 | 29,467 | 31,635 | −2,168 | -11.0 | — |
| 2019 | 21,141 | 32,592 | −11,451 | -14.9 | — |
In its most recent public year (2019), this organization spent $11,451 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.9 months).
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 2019. 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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