Advent Housing Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,835 | 7,772 | 63 | 263.8 | — |
| 2021 | 40,366 | 6,598 | 33,768 | 372.2 | 0% |
| 2022 | 5,700 | 6,562 | −862 | 372.7 | 0% |
| 2023 | 104,285 | 136,789 | −32,504 | 15.0 | 0% |
In its most recent public year (2023), this organization spent $32,504 more than it brought in. Its reserves stood at about 15 months of spending, down from 263.8 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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