The Northeast Ohio Hispanic Center For Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 240,922 | 235,259 | 5,663 | 1.5 | 0% |
| 2012 | 232,344 | 230,166 | 2,178 | 1.7 | 0% |
| 2013 | 239,850 | 245,384 | −5,534 | 1.3 | 0% |
| 2014 | 270,065 | 252,697 | 17,368 | 2.1 | 0% |
| 2015 | 222,485 | 261,350 | −38,865 | 0.2 | 0% |
| 2016 | 248,551 | 289,393 | −40,842 | -1.5 | 0% |
| 2017 | 414,422 | 360,324 | 54,098 | 0.6 | 0% |
| 2018 | 800,006 | 461,341 | 338,665 | 9.3 | 0% |
| 2019 | 699,622 | 463,578 | 236,044 | 15.3 | 34% |
| 2020 | 380,578 | 472,078 | −91,500 | 13.2 | 58% |
| 2021 | 858,615 | 652,382 | 206,233 | 16.4 | 50% |
| 2022 | 1,657,200 | 1,265,238 | 391,962 | 12.2 | 22% |
| 2023 | 2,005,357 | 815,474 | 1,189,883 | 36.5 | 44% |
In its most recent public year (2023), this organization brought in $1,189,883 more than it spent. Its reserves stood at about 36.5 months of spending, up from 1.5 in 2011. Staff pay was 44% of spending. $58,929 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
The Northeast Ohio Hispanic Center For Economic Development'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