Home Builders Association Of Mississippi Coast
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 156,049 | 149,028 | 7,021 | 35.0 | 37% |
| 2021 | 533,425 | 535,376 | −1,951 | 9.7 | 10% |
| 2022 | 179,940 | 209,845 | −29,905 | 23.0 | 26% |
| 2023 | 615,701 | 603,031 | 12,670 | 8.3 | 7% |
In its most recent public year (2023), this organization brought in $12,670 more than it spent. Its reserves stood at about 8.3 months of spending, down from 35 in 2020. Staff pay was 7% 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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