Midtown Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,978 | 80,347 | −1,369 | 61.2 | — |
| 2012 | 81,287 | 472,139 | −390,852 | 0.5 | — |
| 2013 | 964,024 | 1,929,005 | −964,981 | -5.9 | 0% |
| 2014 | 22,588,089 | 11,610,837 | 10,977,252 | 10.4 | 0% |
| 2015 | 378,848 | 1,057,888 | −679,040 | 106.1 | 0% |
| 2016 | 403,046 | 1,863,358 | −1,460,312 | 50.8 | 0% |
| 2017 | 245,639 | 13,317,825 | −13,072,186 | -19.1 | 0% |
| 2018 | 596,643 | 1,689,230 | −1,092,587 | -158.0 | 0% |
| 2019 | 665,611 | 1,535,255 | −869,644 | -180.6 | 0% |
| 2020 | 939,530 | 1,748,670 | −809,140 | -164.1 | 0% |
| 2021 | 978,731 | 1,443,880 | −465,149 | -202.7 | 0% |
| 2022 | 997,689 | 1,665,888 | −668,199 | -180.5 | 0% |
| 2023 | 1,071,144 | 1,557,754 | −486,610 | -196.7 | 0% |
In its most recent public year (2023), this organization spent $486,610 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-196.7 months), down from 61.2 in 2011. 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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