Phoenix Residential Investment Development Effort
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,552,882 | 1,887,135 | −334,253 | 1.9 | 0% |
| 2012 | 2,059,653 | 2,732,341 | −672,688 | -1.1 | 0% |
| 2013 | 2,031,301 | 2,489,389 | −458,088 | -3.4 | 0% |
| 2014 | 2,160,766 | 2,955,851 | −795,085 | -6.1 | 0% |
| 2015 | 2,195,435 | 2,515,428 | −319,993 | -8.7 | 0% |
| 2016 | 2,547,550 | 2,798,279 | −250,729 | -8.9 | 0% |
| 2017 | 5,456,586 | 2,413,684 | 3,042,902 | 4.8 | 0% |
| 2018 | 2,159,182 | 2,373,885 | −214,703 | 3.8 | 0% |
| 2019 | 2,393,744 | 2,829,430 | −435,686 | 1.4 | 0% |
| 2020 | 5,454,736 | 5,176,470 | 278,266 | 1.4 | 0% |
| 2021 | 2,531,544 | 2,751,118 | −219,574 | 1.7 | 0% |
| 2022 | 2,867,228 | 3,983,847 | −1,116,619 | -2.2 | 0% |
| 2023 | 2,822,156 | 4,149,606 | −1,327,450 | -6.0 | 0% |
In its most recent public year (2023), this organization spent $1,327,450 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6 months), down from 1.9 in 2011. 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
Phoenix Residential Investment Development Effort'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