122 Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 398,276 | 391,366 | 6,910 | 0.7 | 14% |
| 2021 | 442,311 | 435,947 | 6,364 | 0.8 | 16% |
| 2022 | 501,258 | 478,305 | 22,953 | 1.3 | 16% |
| 2023 | 583,169 | 567,130 | 16,039 | 1.4 | 16% |
In its most recent public year (2023), this organization brought in $16,039 more than it spent. Its reserves stood at about 1.4 months of spending. Staff pay was 16% 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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