Corktown Bommunity Development Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 58,110 | 51,865 | 6,245 | 480.7 | 0% |
| 2021 | 402,035 | 94,053 | 307,982 | 304.4 | 0% |
| 2022 | 14,310 | 56,028 | −41,718 | 502.0 | 29% |
| 2023 | 48,054 | 28,365 | 19,689 | 999.9 | 56% |
In its most recent public year (2023), this organization brought in $19,689 more than it spent. Its reserves stood at about 999.9 months of spending, up from 480.7 in 2020. Staff pay was 56% 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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