City Of Faith Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 135,925 | 150,449 | −14,524 | 0.8 | 48% |
| 2012 | 17,173 | 16,613 | 560 | 7.6 | 0% |
| 2013 | 0 | 4,411 | −4,411 | 11.2 | — |
| 2014 | 0 | 6,108 | −6,108 | 0.0 | 0% |
| 2015 | 8,970 | 92 | 8,878 | 1158.0 | 0% |
| 2016 | 13,870 | 6,963 | 6,907 | 27.2 | 0% |
| 2017 | 1,866 | 1,850 | 16 | 102.5 | 0% |
| 2018 | 0 | 5,350 | −5,350 | 23.4 | 0% |
| 2019 | 10,000 | 15,308 | −5,308 | 4.0 | 0% |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 0 | 16,600 | −16,600 | -8.3 | 0% |
In its most recent public year (2023), this organization spent $16,600 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.3 months), down from 0.8 in 2011. 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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