Town Of Cheraw Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,270 | 56,929 | −41,659 | 19.0 | 0% |
| 2021 | −4,390 | 81,487 | −85,877 | 0.6 | 0% |
In its most recent public year (2021), this organization spent $85,877 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 19 in 2020. 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 2021. 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
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