Housing Opportunities Of Northern Kentucky Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 658,128 | 506,121 | 152,007 | 79.2 | 41% |
| 2012 | 541,071 | 484,452 | 56,619 | 85.2 | 39% |
| 2013 | 442,723 | 484,131 | −41,408 | 88.9 | 37% |
| 2014 | 536,196 | 575,954 | −39,758 | 73.9 | 34% |
| 2015 | 631,649 | 517,882 | 113,767 | 83.5 | 33% |
| 2016 | 528,820 | 607,605 | −78,785 | 69.6 | 29% |
| 2017 | 611,619 | 601,153 | 10,466 | 70.6 | 31% |
| 2018 | 623,945 | 495,810 | 128,135 | 88.6 | 37% |
| 2019 | 605,123 | 495,216 | 109,907 | 94.7 | 35% |
| 2020 | 1,029,719 | 526,320 | 503,399 | 99.6 | 31% |
| 2021 | 878,676 | 715,579 | 163,097 | 76.4 | 20% |
| 2022 | 673,041 | 690,879 | −17,838 | 77.8 | 27% |
| 2023 | 649,146 | 758,556 | −109,410 | 70.2 | 25% |
In its most recent public year (2023), this organization spent $109,410 more than it brought in. Its reserves stood at about 70.2 months of spending, down from 79.2 in 2011. Staff pay was 25% of spending. $131,402 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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