Commonbond Communities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,340,602 | 22,095,008 | 4,245,594 | 41.6 | 31% |
| 2021 | 28,132,790 | 22,406,311 | 5,726,479 | 47.0 | 32% |
| 2022 | 26,682,469 | 22,407,633 | 4,274,836 | 49.5 | 31% |
| 2023 | 30,085,604 | 43,690,104 | −13,604,500 | 22.6 | 17% |
In its most recent public year (2023), this organization spent $13,604,500 more than it brought in. Its reserves stood at about 22.6 months of spending, down from 41.6 in 2020. Staff pay was 17% of spending. $20,695,068 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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