Harbor Bank Of Maryland Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 495 | 2,406 | −1,911 | 784.7 | — |
| 2014 | 236,828 | 975 | 235,853 | 4839.1 | 0% |
| 2015 | 5,482 | 48,042 | −42,560 | 87.6 | 0% |
| 2016 | 159,669 | 111,438 | 48,231 | 42.9 | 0% |
| 2017 | 642,386 | 119,348 | 523,038 | 92.7 | 0% |
| 2018 | 399,755 | 404,845 | −5,090 | 27.2 | 49% |
| 2019 | 897,675 | 611,601 | 286,074 | 23.6 | 47% |
| 2020 | 1,753,317 | 725,381 | 1,027,936 | 31.2 | 37% |
| 2021 | 752,542 | 1,041,984 | −289,442 | 18.4 | 32% |
| 2022 | 389,210 | 720,159 | −330,949 | 21.1 | 34% |
| 2023 | 862,389 | 1,082,845 | −220,456 | 11.6 | 19% |
In its most recent public year (2023), this organization spent $220,456 more than it brought in. Its reserves stood at about 11.6 months of spending, down from 784.7 in 2013. Staff pay was 19% of spending.
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
Harbor Bank Of Maryland 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