Affordable Housing Developers Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 291,914 | 369,062 | −77,148 | 104.9 | 20% |
| 2020 | 634,076 | 989,860 | −355,784 | 36.4 | 18% |
| 2021 | 977,943 | 745,016 | 232,927 | 52.1 | 25% |
| 2022 | 855,160 | 1,192,842 | −337,682 | 31.9 | 18% |
| 2023 | 747,763 | 1,181,886 | −434,123 | 27.7 | 20% |
In its most recent public year (2023), this organization spent $434,123 more than it brought in. Its reserves stood at about 27.7 months of spending, down from 104.9 in 2019. Staff pay was 20% of spending. $62,000 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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