Have Faith Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 140,283 | 135,613 | 4,670 | 0.4 | 0% |
| 2020 | 22,451 | 23,646 | −1,195 | 1.8 | 0% |
| 2021 | 27,203 | 27,138 | 65 | 1.6 | 0% |
| 2022 | 0 | 25,542 | −25,542 | 43.7 | 0% |
| 2023 | 150,127 | 137,759 | 12,368 | 9.2 | 0% |
In its most recent public year (2023), this organization brought in $12,368 more than it spent. Its reserves stood at about 9.2 months of spending, up from 0.4 in 2019. 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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