Bromont Housing Coproration
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 469,526 | 703,002 | −233,476 | -37.0 | 19% |
| 2021 | 1,003,536 | 926,105 | 77,431 | -27.1 | 16% |
| 2022 | 4,957,695 | 2,468,315 | 2,489,380 | 1.9 | 6% |
| 2023 | 1,733 | 6,849 | −5,116 | 688.7 | 0% |
In its most recent public year (2023), this organization spent $5,116 more than it brought in. Its reserves stood at about 688.7 months of spending, up from -37 in 2020. 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
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