Advent Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 149,297 | 61,256 | 88,041 | 16.4 | 0% |
| 2013 | 208,940 | 359,644 | −150,704 | -2.2 | 0% |
| 2014 | 80,573 | 79,927 | 646 | -14.5 | 0% |
| 2015 | 74,537 | 75,471 | −934 | -15.5 | 0% |
| 2016 | 64,591 | 73,205 | −8,614 | -17.4 | 0% |
| 2017 | 121,685 | 85,008 | 36,677 | -9.8 | 0% |
| 2018 | 74,425 | 93,489 | −19,064 | -11.3 | 0% |
| 2019 | 93,699 | 76,990 | 16,709 | -11.2 | 0% |
| 2020 | 80,911 | 86,902 | −5,991 | -10.7 | 0% |
| 2021 | 147,832 | 100,779 | 47,053 | -3.6 | 0% |
| 2022 | 85,882 | 101,336 | −15,454 | -5.4 | 0% |
| 2023 | 89,513 | 104,749 | −15,236 | -7.0 | 0% |
In its most recent public year (2023), this organization spent $15,236 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7 months), down from 16.4 in 2012. Staff pay was 0% 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
Advent 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