Sankofa Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,716 | 161,659 | 3,057 | 0.9 | — |
| 2012 | 288,355 | 281,203 | 7,152 | 0.8 | 32% |
| 2013 | 336,845 | 292,718 | 44,127 | 0.8 | 41% |
| 2014 | 313,390 | 291,271 | 22,119 | 1.7 | 56% |
| 2015 | 285,875 | 297,447 | −11,572 | 0.3 | 44% |
| 2016 | 732,127 | 359,294 | 372,833 | 15.4 | 40% |
| 2017 | 513,042 | 434,058 | 78,984 | 12.2 | 38% |
| 2018 | 348,643 | 412,173 | −63,530 | 11.0 | 46% |
| 2019 | 1,271,992 | 590,352 | 681,640 | 21.5 | 50% |
| 2020 | 613,074 | 621,851 | −8,777 | 14.9 | 48% |
| 2021 | 1,356,798 | 894,932 | 461,866 | 16.5 | 39% |
| 2022 | 2,224,859 | 2,095,169 | 129,690 | 7.8 | 25% |
| 2023 | 2,660,607 | 1,637,945 | 1,022,662 | 18.3 | 36% |
In its most recent public year (2023), this organization brought in $1,022,662 more than it spent. Its reserves stood at about 18.3 months of spending, up from 0.9 in 2011. Staff pay was 36% of spending. $1,722,257 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
Sankofa 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