Innovations Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 67,318 | 226,896 | −159,578 | 39.0 | 34% |
| 2021 | 47,786 | 226,302 | −178,516 | 29.7 | 44% |
| 2022 | 154,625 | 370,917 | −216,292 | 14.8 | 27% |
| 2023 | 96,162 | 254,963 | −158,801 | 15.2 | 37% |
| 2024 | 25,758 | 87,993 | −62,235 | 35.6 | — |
In its most recent public year (2024), this organization spent $62,235 more than it brought in. Its reserves stood at about 35.6 months of spending, down from 39 in 2020.
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 2024. 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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