North Pole Area Housing Assoc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 196,541 | 235,562 | −39,021 | -8.4 | 0% |
| 2022 | 219,507 | 240,902 | −21,395 | -9.3 | 0% |
| 2023 | 241,748 | 243,107 | −1,359 | -9.3 | 0% |
| 2024 | 254,018 | 253,362 | 656 | -8.9 | 0% |
In its most recent public year (2024), this organization brought in $656 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-8.9 months). Staff pay was 0% of spending. $1,338,815 of its net assets are donor-restricted.
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 2024. 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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