Federation Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,821,809 | 1,751,200 | 70,609 | -13.5 | 22% |
| 2021 | 1,902,276 | 1,709,259 | 193,017 | -12.5 | 22% |
| 2022 | 1,948,509 | 1,711,616 | 236,893 | -10.8 | 26% |
| 2023 | 1,963,898 | 1,831,000 | 132,898 | -9.2 | 25% |
In its most recent public year (2023), this organization brought in $132,898 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.2 months), up from -13.5 in 2020. Staff pay was 25% 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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