Homes Are Possible Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 691,744 | 755,897 | −64,153 | 80.1 | 29% |
| 2021 | 1,765,321 | 599,050 | 1,166,271 | 124.5 | 45% |
| 2022 | 1,269,943 | 864,835 | 405,108 | 91.0 | 32% |
| 2023 | 1,476,888 | 778,738 | 698,150 | 113.7 | 34% |
In its most recent public year (2023), this organization brought in $698,150 more than it spent. Its reserves stood at about 113.7 months of spending, up from 80.1 in 2020. Staff pay was 34% of spending. $17,073 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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