Frederick Douglas Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,523 | 187,013 | −58,490 | -18.4 | 25% |
| 2012 | 137,086 | 182,770 | −45,684 | -21.8 | 20% |
| 2013 | 142,596 | 182,347 | −39,751 | -24.5 | 21% |
| 2014 | 142,481 | 189,249 | −46,768 | -26.6 | 20% |
| 2015 | 142,054 | 198,766 | −56,712 | -28.7 | 23% |
| 2016 | 144,579 | 193,586 | −49,007 | -32.5 | 23% |
| 2017 | 143,987 | 200,446 | −56,459 | -34.8 | 24% |
| 2018 | 151,418 | 226,441 | −75,023 | -34.8 | 20% |
| 2019 | 160,147 | 205,434 | −45,287 | -41.0 | 23% |
| 2020 | 166,637 | 211,557 | −44,920 | -42.3 | 23% |
| 2021 | 157,741 | 223,322 | −65,581 | -43.6 | 22% |
| 2022 | 168,758 | 226,892 | −58,134 | -46.0 | 21% |
| 2023 | 173,267 | 217,125 | −43,858 | -50.5 | 18% |
In its most recent public year (2023), this organization spent $43,858 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-50.5 months), down from -18.4 in 2011. Staff pay was 18% 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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