Tb Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,494 | 446,784 | −160,290 | -3.8 | 12% |
| 2021 | 301,498 | 417,567 | −116,069 | -7.5 | 14% |
| 2022 | 283,719 | 468,755 | −185,036 | -11.4 | 13% |
| 2023 | 276,508 | 451,205 | −174,697 | -16.5 | 14% |
In its most recent public year (2023), this organization spent $174,697 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-16.5 months), down from -3.8 in 2020. Staff pay was 14% 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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