Mhany 1999 Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 332,436 | 304,508 | 27,928 | -285.5 | 0% |
| 2020 | 644,472 | 724,553 | −80,081 | -121.3 | 0% |
| 2021 | 653,301 | 710,380 | −57,079 | -124.7 | 0% |
| 2022 | 668,406 | 660,965 | 7,441 | -133.9 | 0% |
| 2023 | 671,478 | 743,988 | −72,510 | -120.1 | 0% |
In its most recent public year (2023), this organization spent $72,510 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-120.1 months), up from -285.5 in 2019. 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 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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