First Step - Florence Solutions For Housing Security
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 214,859 | 223,808 | −8,949 | -0.7 | 0% |
| 2020 | 80,257 | 21,289 | 58,968 | 175.9 | 15% |
| 2021 | 55,148 | 58,883 | −3,735 | 68.8 | 27% |
| 2022 | 52,325 | 63,318 | −10,993 | 0.0 | 28% |
| 2023 | 37,925 | 62,045 | −24,120 | 57.3 | — |
In its most recent public year (2023), this organization spent $24,120 more than it brought in. Its reserves stood at about 57.3 months of spending, up from -0.7 in 2019.
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
First Step - Florence Solutions For Housing Security'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