Kennebunkport Heritage Housing Trust 2
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 300 | 18,425 | −18,125 | 95.8 | — |
| 2020 | 38,738 | 84,871 | −46,133 | 14.3 | — |
| 2021 | 538,218 | 601,787 | −63,569 | 2.5 | 0% |
| 2022 | 118,720 | 63,494 | 55,226 | 34.1 | — |
| 2023 | 162,899 | 12,336 | 150,563 | 418.7 | 0% |
In its most recent public year (2023), this organization brought in $150,563 more than it spent. Its reserves stood at about 418.7 months of spending, up from 95.8 in 2019. 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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