Abraham Apartments Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 18,376 | 24,705 | −6,329 | -3.1 | 0% |
| 2015 | 185,638 | 277,542 | −91,904 | -4.2 | 0% |
| 2016 | 216,933 | 260,148 | −43,215 | -6.5 | 0% |
| 2017 | 230,112 | 256,813 | −26,701 | -7.9 | 0% |
| 2018 | 223,792 | 278,952 | −55,160 | -9.6 | 0% |
| 2019 | 250,440 | 351,789 | −101,349 | -11.1 | 0% |
| 2020 | 274,911 | 301,993 | −27,082 | -14.0 | 0% |
| 2021 | 270,202 | 322,004 | −51,802 | -15.0 | 0% |
| 2022 | 271,167 | 368,046 | −96,879 | -16.3 | 0% |
| 2023 | 287,359 | 471,581 | −184,222 | -17.4 | 0% |
In its most recent public year (2023), this organization spent $184,222 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.4 months), down from -3.1 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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