Fields Corner Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 668,925 | 228,982 | 439,943 | -19.7 | 0% |
| 2021 | 217,677 | 735,514 | −517,837 | -14.6 | 0% |
| 2022 | 216,776 | 275,145 | −58,369 | -41.6 | 0% |
| 2023 | 212,022 | 324,149 | −112,127 | -39.4 | 0% |
In its most recent public year (2023), this organization spent $112,127 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.4 months), down from -19.7 in 2020. 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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