Centro Hispano De Frederick Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 50,980 | 43,620 | 7,360 | 8.4 | — |
| 2019 | 65,378 | 81,424 | −16,046 | 3.1 | — |
| 2020 | 170,685 | 113,568 | 57,117 | 8.3 | — |
| 2021 | 144,960 | 142,675 | 2,285 | 6.8 | — |
| 2022 | 535,429 | 206,292 | 329,137 | 26.9 | 31% |
| 2023 | 168,422 | 336,661 | −168,239 | 10.5 | 26% |
In its most recent public year (2023), this organization spent $168,239 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 8.4 in 2015. Staff pay was 26% of spending. $417,654 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
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