Columbia Empowerment Zone Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 421,767 | 398,505 | 23,262 | 202.1 | 0% |
| 2021 | 597,920 | 582,513 | 15,407 | 138.6 | 0% |
| 2022 | 645,048 | 695,316 | −50,268 | 112.7 | 0% |
| 2023 | 5,748,993 | 798,795 | 4,950,198 | 174.1 | 50% |
In its most recent public year (2023), this organization brought in $4,950,198 more than it spent. Its reserves stood at about 174.1 months of spending, down from 202.1 in 2020. Staff pay was 50% of spending. $4,900,000 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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