Plaza East Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 128 | −128 | -295.8 | — |
| 2021 | 3 | 1,499,449 | −1,499,446 | -78.0 | — |
| 2022 | 0 | 1,748,690 | −1,748,690 | -78.9 | — |
| 2023 | 0 | 2,383,287 | −2,383,287 | -69.9 | — |
In its most recent public year (2023), this organization spent $2,383,287 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-69.9 months), up from -295.8 in 2020.
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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