Forest Hills Mha Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 15,505,275 | 2,949,597 | 12,555,678 | 51.1 | 17% |
| 2019 | 8,500,285 | 4,219,971 | 4,280,314 | 47.9 | 13% |
| 2020 | 3,676,818 | 3,554,469 | 122,349 | 56.9 | 16% |
| 2021 | 3,183,501 | 3,611,443 | −427,942 | 54.6 | 12% |
| 2022 | 3,328,132 | 4,704,670 | −1,376,538 | 38.4 | 10% |
| 2023 | 3,086,371 | 3,807,664 | −721,293 | 46.6 | 15% |
In its most recent public year (2023), this organization spent $721,293 more than it brought in. Its reserves stood at about 46.6 months of spending, down from 51.1 in 2018. Staff pay was 15% of spending. $13,962,237 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
Forest Hills Mha 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