Persad Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,818,897 | 1,558,726 | 260,171 | 3.2 | 64% |
| 2012 | 1,415,382 | 1,691,418 | −276,036 | 1.0 | 62% |
| 2013 | 2,387,065 | 1,880,574 | 506,491 | 4.1 | 64% |
| 2014 | 1,820,428 | 1,811,734 | 8,694 | 4.3 | 62% |
| 2015 | 2,254,461 | 1,928,189 | 326,272 | 6.1 | 59% |
| 2016 | 2,026,625 | 1,955,801 | 70,824 | 6.4 | 53% |
| 2017 | 2,313,547 | 2,299,017 | 14,530 | 5.5 | 57% |
| 2018 | 2,260,965 | 2,464,106 | −203,141 | 3.7 | 53% |
| 2019 | 1,920,395 | 2,434,671 | −514,276 | 0.9 | 55% |
| 2020 | 1,997,325 | 2,267,076 | −269,751 | 1.0 | 53% |
| 2021 | 2,469,396 | 2,435,876 | 33,520 | 1.1 | 56% |
| 2022 | 2,431,956 | 2,622,929 | −190,973 | 0.2 | 59% |
| 2023 | 2,722,306 | 2,621,972 | 100,334 | 0.6 | 54% |
In its most recent public year (2023), this organization brought in $100,334 more than it spent. Its reserves stood at about 0.6 months of spending, down from 3.2 in 2011. Staff pay was 54% of spending. $383,492 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
Persad Center Inc'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