Impact Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,724 | 126,817 | −57,093 | -105.7 | 46% |
| 2021 | 31,020 | 132,892 | −101,872 | -111.6 | 39% |
| 2022 | 1,003 | 87,763 | −86,760 | -180.8 | 78% |
| 2023 | 1,334,839 | 553,030 | 781,809 | -11.7 | 10% |
In its most recent public year (2023), this organization brought in $781,809 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-11.7 months), up from -105.7 in 2020. Staff pay was 10% of spending. $158,295 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works