Multi-Ethnic East Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 686,660 | 631,915 | 54,745 | -6.3 | 21% |
| 2021 | 700,210 | 612,326 | 87,884 | -4.8 | 15% |
| 2022 | 709,323 | 611,140 | 98,183 | -2.9 | 7% |
| 2023 | 725,938 | 674,863 | 51,075 | -1.7 | 10% |
In its most recent public year (2023), this organization brought in $51,075 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.7 months), up from -6.3 in 2020. Staff pay was 10% 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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