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Harambee Community Development Initiative Inc

East Orange, NJ / EIN 22-3311125 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20101,500,6741,574,364−73,6902.853%
20111,413,7761,474,009−60,2332.556%
20121,618,5711,726,245−107,6740.753%
20141,703,6491,653,30350,3461.152%
20151,632,0181,617,38214,6361.256%
20161,492,9231,439,68753,236-0.258%
20171,513,0211,536,418−23,397-0.458%
20181,565,6871,525,75539,932-0.158%
20191,521,2541,636,393−115,139-0.956%
20201,309,8811,542,216−232,335-2.860%
20211,742,5091,401,998340,511-0.256%
20221,296,4841,317,287−20,803-0.455%
20231,254,8781,287,643−32,765-0.754%

In its most recent public year (2023), this organization spent $32,765 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), down from 2.8 in 2010. Staff pay was 54% of spending. $85,009 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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