Destined For Empowerment Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,574 | 0 | 12,574 | — | — |
| 2021 | 16,438 | 1,595 | 14,843 | 0.0 | — |
| 2022 | 27,278 | 39,299 | −12,021 | 0.9 | — |
| 2023 | 204,156 | 190,182 | 13,974 | 2.3 | 17% |
In its most recent public year (2023), this organization brought in $13,974 more than it spent. Its reserves stood at about 2.3 months of spending. Staff pay was 17% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works