Little Haiti Housing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,839,153 | 1,741,055 | 98,098 | 27.1 | 22% |
| 2019 | 898,885 | 1,141,149 | −242,264 | 39.1 | 29% |
| 2020 | 1,009,110 | 1,009,627 | −517 | -9.5 | 19% |
| 2021 | 1,043,540 | 1,100,128 | −56,588 | 0.0 | 0% |
| 2022 | 641,446 | 1,024,218 | −382,772 | 0.0 | 2% |
| 2023 | 839,867 | 1,292,728 | −452,861 | -58.1 | 16% |
In its most recent public year (2023), this organization spent $452,861 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-58.1 months), down from 27.1 in 2018. Staff pay was 16% 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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