Housing Education And Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 106,660 | 121,306 | −14,646 | -2.0 | 59% |
| 2011 | 148,976 | 148,526 | 450 | -1.6 | 37% |
| 2012 | 172,135 | 172,299 | −164 | -1.1 | 43% |
| 2013 | 111,445 | 130,865 | −19,420 | -3.3 | 44% |
| 2014 | 123,960 | 117,836 | 6,124 | -3.0 | 41% |
| 2015 | 114,954 | 119,929 | −4,975 | -3.4 | 31% |
| 2016 | 84,299 | 81,328 | 2,971 | 11.4 | 28% |
| 2017 | 274,204 | 287,482 | −13,278 | 2.7 | 67% |
| 2018 | 347,342 | 350,262 | −2,920 | 1.6 | 65% |
| 2019 | 325,677 | 330,160 | −4,483 | 1.5 | 68% |
| 2020 | 376,307 | 359,014 | 17,293 | 1.7 | 77% |
| 2021 | 473,043 | 468,750 | 4,293 | 2.5 | 76% |
| 2022 | 557,178 | 446,029 | 111,149 | 5.4 | 78% |
| 2023 | 615,759 | 514,545 | 101,214 | 6.9 | 70% |
In its most recent public year (2023), this organization brought in $101,214 more than it spent. Its reserves stood at about 6.9 months of spending, up from -2 in 2010. Staff pay was 70% of spending. $17,006 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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