Boomerang Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 245,428 | 447,272 | −201,844 | 14.5 | 0% |
| 2012 | 241,278 | 577,824 | −336,546 | 3.3 | 0% |
| 2013 | 246,088 | 487,995 | −241,907 | -2.0 | 0% |
| 2014 | 243,955 | 355,492 | −111,537 | -6.7 | 0% |
| 2015 | 257,479 | 335,839 | −78,360 | -9.9 | 0% |
| 2016 | 298,491 | 390,213 | −91,722 | -11.3 | 0% |
| 2017 | 284,007 | 338,312 | −54,305 | -15.0 | 0% |
| 2018 | 268,498 | 181,930 | 86,568 | -22.1 | 0% |
| 2019 | 90,944 | 91,522 | −578 | -2041.0 | 0% |
| 2020 | 15,918 | 12,136 | 3,782 | -15388.3 | 0% |
| 2021 | 16,898 | 13,343 | 3,555 | -13993.1 | 0% |
| 2022 | 69,059 | 14,589 | 54,470 | -12753.2 | 0% |
| 2023 | 500,116 | 75,519 | 424,597 | -2396.2 | 0% |
In its most recent public year (2023), this organization brought in $424,597 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2396.2 months), down from 14.5 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
Boomerang Housing Corporation'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