139-141 Avenue D Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 487,322 | 370,894 | 116,428 | 3.8 | 0% |
| 2019 | 0 | 152,432 | −152,432 | -2.8 | — |
| 2020 | 740,175 | 452,052 | 288,123 | -55.9 | 0% |
| 2021 | 478,568 | 390,070 | 88,498 | -62.0 | 0% |
| 2022 | 405,409 | 314,827 | 90,582 | -73.4 | 0% |
| 2023 | 571,632 | 745,571 | −173,939 | -33.8 | 17% |
In its most recent public year (2023), this organization spent $173,939 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-33.8 months), down from 3.8 in 2018. Staff pay was 17% 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
139-141 Avenue D Housing Development Fund Corporation'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