Pines At Narragansett Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 852,756 | 1,204,051 | −351,295 | -18.1 | 19% |
| 2013 | 942,890 | 1,216,832 | −273,942 | -20.6 | 19% |
| 2014 | 962,678 | 1,243,735 | −281,057 | -22.9 | 21% |
| 2015 | 1,026,703 | 1,279,849 | −253,146 | -24.6 | 0% |
| 2016 | 1,007,937 | 1,265,729 | −257,792 | -27.3 | 0% |
| 2017 | 1,132,224 | 1,307,690 | −175,466 | -28.1 | 0% |
| 2018 | 1,098,202 | 1,330,452 | −232,250 | -29.7 | 0% |
| 2019 | 1,009,116 | 1,216,001 | −206,885 | -34.5 | 0% |
| 2020 | 922,074 | 1,167,339 | −245,265 | -38.5 | 0% |
| 2021 | 873,822 | 1,294,608 | −420,786 | -38.6 | 0% |
| 2022 | 1,025,027 | 1,387,301 | −362,274 | -39.1 | 0% |
| 2023 | 1,134,877 | 1,561,994 | −427,117 | -38.1 | 0% |
In its most recent public year (2023), this organization spent $427,117 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.1 months), down from -18.1 in 2012. 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
Pines At Narragansett Housing Development Fund Company Inc'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