Progressive Housing Partners Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,175 | 84,516 | −23,341 | -63.2 | 6% |
| 2021 | 60,463 | 79,265 | −18,802 | -70.2 | 6% |
| 2022 | 53,816 | 80,966 | −27,150 | -72.8 | 5% |
| 2023 | 46,487 | 78,540 | −32,053 | -79.9 | 5% |
In its most recent public year (2023), this organization spent $32,053 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-79.9 months), down from -63.2 in 2020. Staff pay was 5% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works