Los Sures 907 Driggs Avenue Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 139,456 | 158,867 | −19,411 | -60.3 | 0% |
| 2016 | 209,479 | 220,103 | −10,624 | -44.1 | 0% |
| 2017 | 213,871 | 226,152 | −12,281 | -43.6 | 0% |
| 2018 | 221,223 | 226,989 | −5,766 | -43.7 | 0% |
| 2019 | 219,474 | 265,328 | −45,854 | -39.5 | 0% |
| 2020 | 221,984 | 261,251 | −39,267 | -41.9 | 0% |
| 2021 | 220,531 | 295,233 | −74,702 | -40.1 | 0% |
| 2022 | 222,491 | 267,701 | −45,210 | -46.2 | 0% |
| 2023 | 244,757 | 355,922 | −111,165 | -38.5 | 0% |
In its most recent public year (2023), this organization spent $111,165 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.5 months), up from -60.3 in 2015. 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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