Florin Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,000 | 18,174 | 1,826 | 74.7 | — |
| 2012 | 20,000 | 211,288 | −191,288 | -4.4 | — |
| 2013 | 20,000 | 20,990 | −990 | -45.2 | — |
| 2014 | 83,675 | 5,853 | 77,822 | 0.0 | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 299,388 | 0 | 299,388 | — | — |
| 2018 | −3,829 | 1,681 | −5,510 | -56712.8 | 0% |
| 2019 | 411,246 | 26,524 | 384,722 | -3420.2 | 0% |
| 2020 | 20,600 | 25,006 | −4,406 | -3629.9 | 0% |
| 2021 | 81,087 | 86,943 | −5,856 | -1044.8 | — |
| 2022 | 152,964 | 158,491 | −5,527 | -573.6 | — |
| 2023 | 93,738 | 100,694 | −6,956 | -903.6 | — |
In its most recent public year (2023), this organization spent $6,956 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-903.6 months), down from 74.7 in 2011.
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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