Durham Childrens Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,122,734 | 2,405,631 | −282,897 | 6.5 | 26% |
| 2021 | 3,534,382 | 2,957,188 | 577,194 | 7.6 | 30% |
| 2022 | 2,503,533 | 2,680,087 | −176,554 | 7.6 | 22% |
| 2023 | 1,771,737 | 2,377,206 | −605,469 | 6.5 | 59% |
| 2024 | 1,218,097 | 1,807,850 | −589,753 | 5.1 | 40% |
In its most recent public year (2024), this organization spent $589,753 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 6.5 in 2020. Staff pay was 40% of spending. $956,666 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 2024. 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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