Ferdinand Community Center Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 216,594 | 161,856 | 54,738 | 53.5 | 9% |
| 2021 | 536,575 | 233,796 | 302,779 | 52.6 | 8% |
| 2022 | 327,280 | 277,387 | 49,893 | 46.5 | 9% |
| 2023 | 290,614 | 283,527 | 7,087 | 45.8 | 9% |
In its most recent public year (2023), this organization brought in $7,087 more than it spent. Its reserves stood at about 45.8 months of spending, down from 53.5 in 2020. Staff pay was 9% 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 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
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