Innovative Concept Transitional Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 0 | 0 | 0 | — | — |
| 2009 | 0 | 0 | 0 | — | — |
| 2010 | 0 | 0 | 0 | — | — |
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2019 | 59,760 | 62,171 | −2,411 | -0.5 | — |
| 2020 | 58,655 | 60,206 | −1,551 | -0.8 | — |
| 2021 | 80,136 | 80,389 | −253 | -0.6 | — |
In its most recent public year (2021), this organization spent $253 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months).
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 2021. 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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