Network For The Development Of Children Of African Descent
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 295,629 | 314,265 | −18,636 | 4.3 | 50% |
| 2012 | 314,014 | 365,229 | −51,215 | 2.0 | 51% |
| 2013 | 387,833 | 406,864 | −19,031 | 1.2 | 20% |
| 2014 | 534,336 | 508,180 | 26,156 | 1.6 | 49% |
| 2015 | 614,890 | 571,672 | 43,218 | 2.3 | 53% |
| 2016 | 558,047 | 0 | 558,047 | — | — |
| 2017 | 1,104,430 | 714,153 | 390,277 | 10.0 | 55% |
| 2018 | 895,890 | 881,728 | 14,162 | 8.3 | 51% |
| 2019 | 557,671 | 719,600 | −161,929 | 7.5 | 52% |
| 2020 | 969,361 | 713,709 | 255,652 | 11.8 | 45% |
| 2021 | 705,257 | 640,196 | 65,061 | 14.4 | 55% |
| 2022 | 791,818 | 653,280 | 138,538 | 16.7 | 57% |
| 2023 | 1,015,879 | 875,617 | 140,262 | 14.4 | 50% |
In its most recent public year (2023), this organization brought in $140,262 more than it spent. Its reserves stood at about 14.4 months of spending, up from 4.3 in 2011. Staff pay was 50% of spending. $179,403 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
Network For The Development Of Children Of African Descent'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