Mansface Terrace Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 659,777 | 643,798 | 15,979 | -7.6 | 0% |
| 2021 | 686,722 | 669,532 | 17,190 | -7.0 | 0% |
| 2022 | 693,023 | 662,188 | 30,835 | -6.5 | 0% |
| 2023 | 744,902 | 674,210 | 70,692 | -5.1 | 0% |
In its most recent public year (2023), this organization brought in $70,692 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.1 months), up from -7.6 in 2020. Staff pay was 0% 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
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