The Robert & Sharon Hood Community Development Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,470 | 71,373 | −5,903 | 4.5 | 28% |
| 2012 | 49,479 | 64,116 | −14,637 | 2.3 | 34% |
| 2013 | 71,351 | 53,349 | 18,002 | 6.8 | 42% |
| 2014 | 291,694 | 200,768 | 90,926 | 7.2 | 33% |
| 2015 | 117,846 | 224,527 | −106,681 | 0.8 | 48% |
| 2016 | 39,689 | 53,345 | −13,656 | 0.0 | 13% |
| 2017 | 24,528 | 29,374 | −4,846 | 0.0 | 15% |
| 2018 | 18,431 | 13,133 | 5,298 | 0.0 | 0% |
| 2019 | 8,840 | 3,741 | 5,099 | 15.8 | 0% |
| 2020 | 0 | 259 | −259 | 216.3 | 0% |
In its most recent public year (2020), this organization spent $259 more than it brought in. Its reserves stood at about 216.3 months of spending, up from 4.5 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 2020. 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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