Mhany 2012 Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 20,175 | 132,743 | −112,568 | -10.2 | 0% |
| 2015 | 37,282 | 224,965 | −187,683 | -16.0 | 0% |
| 2016 | 134,944 | 277,202 | −142,258 | -19.2 | 1% |
| 2017 | 97,775 | 423,947 | −326,172 | -21.8 | 0% |
| 2018 | 176,576 | 397,280 | −220,704 | -29.9 | 0% |
| 2019 | 109,160 | 185,202 | −76,042 | -78.8 | 0% |
| 2020 | 196,781 | 401,852 | −205,071 | -42.4 | 0% |
| 2021 | 250,562 | 444,615 | −194,053 | -43.6 | 0% |
| 2022 | 244,824 | 475,424 | −230,600 | -46.6 | 0% |
| 2023 | 265,431 | 461,178 | −195,747 | -53.1 | 0% |
In its most recent public year (2023), this organization spent $195,747 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-53.1 months), down from -10.2 in 2014. 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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