Lao Park Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −1,726 | 0 | −1,726 | — | — |
| 2012 | 0 | 2,796 | −2,796 | -95.0 | — |
| 2013 | −1,512 | 0 | −1,512 | — | — |
| 2014 | 0 | 1,601 | −1,601 | -189.2 | — |
| 2015 | 0 | 722 | −722 | -431.7 | — |
| 2016 | 0 | 861 | −861 | -374.0 | — |
| 2017 | 0 | 900 | −900 | -369.8 | — |
| 2018 | 0 | 824 | −824 | -415.9 | — |
| 2019 | 0 | 1,301 | −1,301 | -275.4 | — |
| 2020 | 0 | 1,215 | −1,215 | -306.9 | — |
| 2021 | 0 | 288 | −288 | -1306.7 | — |
| 2022 | 0 | 1,027 | −1,027 | -378.4 | — |
| 2023 | 542,080 | 817,323 | −275,243 | -54.9 | 14% |
In its most recent public year (2023), this organization spent $275,243 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-54.9 months). Staff pay was 14% 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
Lao Park 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