Framingham Housing Development Corporation Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,452 | 88,012 | −17,560 | 85.0 | 0% |
| 2012 | 157,472 | 93,571 | 63,901 | 88.2 | 0% |
| 2013 | 141,552 | 42,687 | 98,865 | 221.1 | 0% |
| 2014 | 134,761 | 109,081 | 25,680 | 89.3 | 0% |
| 2015 | 147,176 | 110,221 | 36,955 | 92.4 | 0% |
| 2016 | 690,876 | 130,780 | 560,096 | 129.3 | 0% |
| 2017 | 186,113 | 142,342 | 43,771 | 122.5 | 0% |
| 2018 | 320,501 | 137,730 | 182,771 | 142.5 | 0% |
| 2019 | 180,495 | 157,894 | 22,601 | 126.0 | 0% |
| 2020 | 179,821 | 159,892 | 19,929 | 125.4 | 0% |
| 2021 | 196,650 | 164,608 | 32,042 | 124.1 | 0% |
| 2022 | 188,258 | 198,812 | −10,554 | 102.1 | 0% |
| 2023 | 188,215 | 160,467 | 27,748 | 128.6 | 0% |
In its most recent public year (2023), this organization brought in $27,748 more than it spent. Its reserves stood at about 128.6 months of spending, up from 85 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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