Mmm Louisiana Affordable Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,216,060 | 998,992 | 217,068 | 146.8 | 4% |
| 2021 | 913,229 | 932,534 | −19,305 | 163.1 | 4% |
| 2022 | 1,468,841 | 1,200,776 | 268,065 | 127.1 | 7% |
| 2023 | 1,230,216 | 533,167 | 697,049 | 303.5 | 8% |
In its most recent public year (2023), this organization brought in $697,049 more than it spent. Its reserves stood at about 303.5 months of spending, up from 146.8 in 2020. Staff pay was 8% 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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