Innovative Housing Initiatives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 152,695 | 182,598 | −29,903 | 89.0 | 0% |
| 2012 | 85,924 | 240,073 | −154,149 | 60.0 | 0% |
| 2013 | 83,590 | 104,840 | −21,250 | 135.0 | 0% |
| 2014 | 84,098 | 110,527 | −26,429 | 125.1 | 0% |
| 2015 | 86,830 | 103,786 | −16,956 | 131.3 | 0% |
| 2016 | 87,647 | 108,500 | −20,853 | 123.3 | 0% |
| 2017 | 105,485 | 128,097 | −22,612 | 102.3 | 0% |
| 2018 | 89,556 | 132,123 | −42,567 | 95.3 | 0% |
| 2019 | 90,706 | 126,177 | −35,471 | 96.5 | 0% |
| 2020 | 90,012 | 114,328 | −24,316 | 103.9 | 0% |
| 2021 | 90,499 | 140,970 | −50,471 | 80.0 | 0% |
| 2022 | −614,179 | 50,050 | −664,229 | 66.0 | 0% |
In its most recent public year (2022), this organization spent $664,229 more than it brought in. Its reserves stood at about 66 months of spending, down from 89 in 2011. 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 2022. 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
Innovative Housing Initiatives Inc's IRS filings as a feed — one entry per filing year, through 2022. 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