Coraopolis Community Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 552,833 | 287,437 | 265,396 | 29.2 | 41% |
| 2021 | 646,812 | 345,988 | 300,824 | 34.7 | 37% |
| 2022 | 1,486,838 | 506,912 | 979,926 | 46.9 | 22% |
| 2023 | 511,810 | 531,898 | −20,088 | 44.3 | 29% |
In its most recent public year (2023), this organization spent $20,088 more than it brought in. Its reserves stood at about 44.3 months of spending, up from 29.2 in 2020. Staff pay was 29% of spending. $670,329 of its net assets are donor-restricted.
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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