Generations Housing Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 14,098 | 9,423 | 4,675 | 6.0 | — |
| 2017 | 413,530 | 417,009 | −3,479 | 0.0 | 64% |
| 2018 | 514,152 | 512,190 | 1,962 | 0.1 | 64% |
| 2019 | 642,197 | 559,684 | 82,513 | 1.8 | 66% |
| 2020 | 679,348 | 711,108 | −31,760 | 0.9 | 64% |
| 2021 | 737,910 | 755,181 | −17,271 | 0.6 | 64% |
| 2022 | 904,140 | 860,147 | 43,993 | 1.1 | 63% |
| 2023 | 970,642 | 989,124 | −18,482 | 0.8 | 65% |
In its most recent public year (2023), this organization spent $18,482 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 6 in 2016. Staff pay was 65% of spending. $33,811 of its net assets are donor-restricted.
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
Generations Housing Initiatives's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works