Southern Iowa Rural Housing Agency Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 680,203 | 678,529 | 1,674 | -1.7 | 0% |
| 2021 | 706,565 | 695,531 | 11,034 | -1.5 | 0% |
| 2022 | 742,055 | 761,522 | −19,467 | -1.7 | 0% |
| 2023 | 778,316 | 755,293 | 23,023 | -2.9 | 0% |
In its most recent public year (2023), this organization brought in $23,023 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.9 months), down from -1.7 in 2020. Staff pay was 0% of spending. $234,395 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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