Fairmount Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 711,751 | 270,694 | 441,057 | 30.6 | 39% |
| 2012 | 248,738 | 460,495 | −211,757 | 6.6 | 55% |
| 2013 | 221,077 | 322,038 | −100,961 | 5.7 | 42% |
| 2014 | 235,527 | 250,854 | −15,327 | 6.5 | 51% |
| 2015 | 151,133 | 169,833 | −18,700 | 8.3 | 39% |
| 2016 | 182,997 | 148,552 | 34,445 | 12.3 | 45% |
| 2017 | 182,579 | 179,336 | 3,243 | 10.4 | 43% |
| 2018 | 185,775 | 185,167 | 608 | 10.1 | 46% |
| 2019 | 226,755 | 183,198 | 43,557 | 13.1 | 47% |
| 2020 | 156,875 | 195,627 | −38,752 | 9.9 | 47% |
| 2021 | 212,779 | 209,864 | 2,915 | 9.4 | 45% |
| 2022 | 324,266 | 215,167 | 109,099 | 15.2 | 40% |
| 2023 | 623,034 | 249,100 | 373,934 | 31.2 | 28% |
In its most recent public year (2023), this organization brought in $373,934 more than it spent. Its reserves stood at about 31.2 months of spending. Staff pay was 28% of spending. $57,361 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
Fairmount 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