Frankford Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 212,999 | 148,928 | 64,071 | 5.7 | 70% |
| 2012 | 136,392 | 161,646 | −25,254 | 3.4 | 71% |
| 2013 | 212,789 | 149,675 | 63,114 | 10.4 | 66% |
| 2014 | 291,805 | 231,955 | 59,850 | 15.9 | 65% |
| 2015 | 451,997 | 457,413 | −5,416 | 7.6 | 45% |
| 2016 | 859,002 | 353,673 | 505,329 | 29.8 | 64% |
| 2017 | 653,592 | 383,277 | 270,315 | 36.1 | 40% |
| 2018 | 617,955 | 597,051 | 20,904 | 8.3 | 41% |
| 2019 | 673,798 | 633,855 | 39,943 | 43.1 | 43% |
| 2020 | 787,351 | 624,196 | 163,155 | 18.9 | 0% |
| 2021 | 1,489,751 | 681,307 | 808,444 | 31.5 | 57% |
| 2022 | 1,161,717 | 833,567 | 328,150 | 30.5 | 41% |
| 2023 | 3,208,911 | 1,257,929 | 1,950,982 | 44.3 | 33% |
In its most recent public year (2023), this organization brought in $1,950,982 more than it spent. Its reserves stood at about 44.3 months of spending, up from 5.7 in 2011. Staff pay was 33% of spending. $1,872,319 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
Frankford Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works