Mayfair Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,528 | 76,060 | −56,532 | 8.0 | — |
| 2021 | 113,435 | 86,036 | 27,399 | 10.9 | — |
| 2022 | 47,475 | 68,913 | −21,438 | 9.8 | — |
| 2023 | 75,742 | 55,387 | 20,355 | 16.6 | — |
In its most recent public year (2023), this organization brought in $20,355 more than it spent. Its reserves stood at about 16.6 months of spending, up from 8 in 2020.
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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