HOA reserve percent funded check

See how your current reserve balance compares to a fully funded target — with plain-language context and a one-page PDF.

This worksheet is for education and planning only. It is not legal, financial, or tax advice. Confirm details against your governing documents and applicable local law before you rely on it.

Illustrative check only — not a reserve study. Enter figures from your latest study or board packet; we do not build component inventories or 30-year projections here.

Current reserve balanceFully funded balance (from your reserve study)

Optional: simple end-balance sketchAnnual reserve contributionYears to project (straight-line, no interest)

How we label percent funded

Under 30% — Underfunded
30% to 70% — Fair
Above 70% — Strong

Thresholds are rules of thumb for conversation, not engineering standards. Your reserve professional may use different benchmarks.

Planning contributions? Try the Dues & Budget Estimator.

Enter balances from your reserve study and calculate to see percent funded, band, and a printable summary.

How to use this percent funded check

Gather your latest reserve fund balance from your financial statements or treasurer report.
Enter the fully funded balance from your reserve study (sometimes called percent funded target or ideal balance).
Optionally add your planned annual reserve contribution and a number of years for a straight-line end-balance sketch — no interest, inflation, or special assessments.
Review the band and plain-language read, then download or print the one-pager for your next board or budget meeting.

Frequently asked questions

What does percent funded mean?: Percent funded is current reserve cash divided by the fully funded balance from your reserve study, expressed as a percentage. It is a snapshot of how close you are to the study’s funding target today — not a forecast of future cash flow.
Where do I get the fully funded balance?: Use the fully funded balance from your most recent professional reserve study or board financial packet. This tool does not calculate that target for you — you enter the number your study provides.
Is this a reserve study?: No. This is an illustrative worksheet for board conversation. A reserve study inventories components, lifespans, and funding methods. Always rely on a qualified reserve professional and your governing documents for official recommendations.
What are the Underfunded, Fair, and Strong bands?: We use simple conversation bands: below 30% is Underfunded, 30% through 70% is Fair, and above 70% is Strong. Your accountant, lender, or reserve study may cite different benchmarks.