Home Solutions Of Davidson County Nc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 344,896 | 370,424 | −25,528 | 8.1 | 42% |
| 2012 | 539,354 | 393,591 | 145,763 | 12.0 | 39% |
| 2013 | 662,914 | 356,880 | 306,034 | 23.5 | 46% |
| 2014 | 378,382 | 510,717 | −132,335 | 13.3 | 38% |
| 2015 | 321,553 | 413,883 | −92,330 | 13.8 | 50% |
| 2016 | 485,285 | 536,066 | −50,781 | 9.5 | 39% |
| 2017 | 346,323 | 312,021 | 34,302 | 17.7 | 44% |
| 2018 | 251,062 | 374,487 | −123,425 | 10.8 | 43% |
| 2019 | 307,617 | 337,836 | −30,219 | 5.5 | 47% |
| 2020 | 380,113 | 358,559 | 21,554 | 5.9 | 45% |
| 2021 | 408,378 | 401,515 | 6,863 | 5.4 | 43% |
| 2022 | 1,021,650 | 407,776 | 613,874 | 23.4 | 45% |
| 2023 | 468,631 | 436,624 | 32,007 | 22.8 | 44% |
In its most recent public year (2023), this organization brought in $32,007 more than it spent. Its reserves stood at about 22.8 months of spending, up from 8.1 in 2011. Staff pay was 44% of spending. $118,691 of its net assets are donor-restricted.
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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