Foresight Affordable Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,404,481 | 5,342,833 | −938,352 | 48.2 | 21% |
| 2021 | 10,804,387 | 6,078,776 | 4,725,611 | 50.5 | 20% |
| 2022 | 3,700,566 | 4,001,529 | −300,963 | 90.0 | 30% |
| 2023 | 19,874,329 | 26,057,345 | −6,183,016 | 7.9 | 11% |
In its most recent public year (2023), this organization spent $6,183,016 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 48.2 in 2020. Staff pay was 11% 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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