Midlands Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 772,081 | 715,434 | 56,647 | 24.6 | 48% |
| 2012 | 608,850 | 849,452 | −240,602 | 16.0 | 46% |
| 2013 | 717,998 | 822,962 | −104,964 | 15.0 | 49% |
| 2014 | 1,053,929 | 1,150,303 | −96,374 | 10.4 | 41% |
| 2016 | 1,014,372 | 1,341,559 | −327,187 | 4.3 | 48% |
| 2017 | 930,726 | 809,615 | 121,111 | 8.9 | 44% |
| 2018 | 875,579 | 634,981 | 240,598 | 15.4 | 35% |
| 2019 | 822,141 | 578,681 | 243,460 | 31.3 | 43% |
| 2020 | 132,870 | 446,411 | −313,541 | 32.1 | 39% |
| 2021 | 422,874 | 441,039 | −18,165 | 32.0 | 35% |
| 2022 | 1,413,462 | 1,114,645 | 298,817 | 15.9 | 53% |
| 2023 | 1,534,854 | 1,434,629 | 100,225 | 13.2 | 46% |
In its most recent public year (2023), this organization brought in $100,225 more than it spent. Its reserves stood at about 13.2 months of spending, down from 24.6 in 2011. Staff pay was 46% of spending. $295,535 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
Midlands Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works