Momentum Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,611,131 | 3,873,170 | −1,262,039 | -3.6 | 6% |
| 2011 | 3,506,935 | 3,792,312 | −285,377 | 0.4 | 9% |
| 2012 | −6,292 | 15,794 | −22,086 | 77.0 | 0% |
| 2013 | 947,554 | 428,106 | 519,448 | 17.6 | 1% |
| 2014 | 1,442,056 | 1,314,574 | 127,482 | 6.9 | 6% |
| 2015 | 770,141 | 798,120 | −27,979 | 10.9 | 9% |
| 2016 | 892,025 | 858,866 | 33,159 | 10.8 | 10% |
| 2017 | 39,594 | 433,116 | −393,522 | 15.0 | 0% |
| 2018 | 4,423,391 | 5,507,949 | −1,084,558 | -1.2 | 7% |
| 2019 | 3,898,223 | 4,331,933 | −433,710 | -2.7 | 14% |
| 2020 | 11,783,178 | 18,029,481 | −6,246,303 | -5.0 | 11% |
| 2021 | 34,736,721 | 48,939,935 | −14,203,214 | -5.3 | 8% |
| 2022 | 68,326,602 | 88,011,731 | −19,685,129 | -5.6 | 7% |
| 2023 | 72,553,056 | 94,749,069 | −22,196,013 | -7.6 | 7% |
In its most recent public year (2023), this organization spent $22,196,013 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.6 months), down from -3.6 in 2010. Staff pay was 7% 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
Momentum Housing's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works