Solid Rock Community Developmentcorporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 240,512 | 112,539 | 127,973 | 13.6 | 34% |
| 2020 | 764,835 | 156,769 | 608,066 | 71.2 | 42% |
| 2021 | 500,929 | 374,321 | 126,608 | 33.9 | 10% |
| 2022 | 2,441,437 | 977,617 | 1,463,820 | 30.9 | 13% |
| 2023 | 2,060,455 | 1,175,609 | 884,846 | 34.8 | 11% |
In its most recent public year (2023), this organization brought in $884,846 more than it spent. Its reserves stood at about 34.8 months of spending, up from 13.6 in 2019. Staff pay was 11% of spending. $3,163,803 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
Solid Rock Community Developmentcorporation'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