San Miguel Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 414,721 | 390,031 | 24,690 | 3.0 | 0% |
| 2021 | 405,666 | 405,423 | 243 | 2.9 | 0% |
| 2022 | 406,581 | 604,501 | −197,920 | -2.0 | 0% |
| 2023 | 408,258 | 382,164 | 26,094 | -2.3 | 0% |
In its most recent public year (2023), this organization brought in $26,094 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 3 in 2020. 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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