Metro Community Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,976,482 | 4,025,876 | 950,606 | 27.6 | 20% |
| 2022 | 4,633,690 | 4,683,049 | −49,359 | 21.8 | 21% |
| 2023 | 4,452,196 | 4,175,424 | 276,772 | 25.3 | 28% |
In its most recent public year (2023), this organization brought in $276,772 more than it spent. Its reserves stood at about 25.3 months of spending, down from 27.6 in 2021. Staff pay was 28% of spending. $699,692 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
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