Academy Square Apartments Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 122,279 | 195,091 | −72,812 | -145.8 | 13% |
| 2018 | 226,134 | 443,565 | −217,431 | -70.0 | 13% |
| 2019 | 259,835 | 433,088 | −173,253 | -76.5 | 12% |
| 2020 | 698,175 | 979,394 | −281,219 | -37.3 | 7% |
| 2021 | 259,556 | 504,697 | −245,141 | -70.5 | 10% |
| 2022 | 273,662 | 558,785 | −285,123 | -69.8 | 14% |
| 2023 | 300,480 | 599,256 | −298,776 | -71.1 | 17% |
In its most recent public year (2023), this organization spent $298,776 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-71.1 months), up from -145.8 in 2017. 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
Academy Square Apartments Housing Development Fund Company Inc'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