Myrtle Avenue Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,512 | 106,571 | −46,059 | -9.4 | 0% |
| 2012 | 56,965 | 106,799 | −49,834 | -15.0 | 0% |
| 2013 | 63,012 | 97,026 | −34,014 | -20.7 | 0% |
| 2014 | 102,630 | 97,835 | 4,795 | -19.9 | 0% |
| 2015 | 87,388 | 96,814 | −9,426 | -21.3 | 0% |
| 2016 | 84,410 | 103,353 | −18,943 | -22.1 | 0% |
| 2017 | 86,166 | 117,166 | −31,000 | -22.7 | 0% |
| 2018 | 83,616 | 148,448 | −64,832 | -23.2 | 0% |
| 2019 | 80,301 | 120,697 | −40,396 | -32.5 | 0% |
| 2020 | 81,583 | 114,743 | −33,160 | -37.7 | 0% |
| 2021 | 77,998 | 123,594 | −45,596 | -39.4 | 0% |
| 2022 | 88,341 | 132,560 | −44,219 | -40.7 | 0% |
| 2023 | 93,044 | 119,653 | −26,609 | -47.8 | 0% |
In its most recent public year (2023), this organization spent $26,609 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-47.8 months), down from -9.4 in 2011. 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
Myrtle Avenue 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