Meadow Lane Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 400,000 | 0 | 400,000 | — | — |
| 2014 | 98,679 | 0 | 98,679 | — | — |
| 2015 | 2,380,189 | 0 | 2,380,189 | — | — |
| 2016 | 456,793 | 386,882 | 69,911 | 89.5 | 18% |
| 2017 | 406,578 | 580,210 | −173,632 | 56.1 | 18% |
| 2018 | 390,264 | 652,761 | −262,497 | 45.0 | 0% |
| 2019 | 466,303 | 665,437 | −199,134 | 40.6 | 0% |
| 2020 | 473,864 | 685,759 | −211,895 | 35.7 | 0% |
| 2021 | 507,418 | 716,757 | −209,339 | 30.6 | 0% |
| 2022 | 501,931 | 760,209 | −258,278 | 24.8 | 0% |
| 2023 | 569,622 | 763,412 | −193,790 | 21.7 | 0% |
In its most recent public year (2023), this organization spent $193,790 more than it brought in. Its reserves stood at about 21.7 months of spending. Staff pay was 0% of spending. $78,132 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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