Block 4 Community Urban Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 614,346 | 1,666,835 | −1,052,489 | -126.2 | 0% |
| 2021 | 350,249 | 1,409,095 | −1,058,846 | -158.3 | 0% |
| 2022 | 3,838 | 1,317,428 | −1,313,590 | -179.9 | 0% |
| 2023 | 0 | 1,376,404 | −1,376,404 | -181.1 | 0% |
In its most recent public year (2023), this organization spent $1,376,404 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-181.1 months), down from -126.2 in 2020. 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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