Cape Verdean Association In New Bedford Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 30,469 | 30,042 | 427 | 58.0 | — |
| 2015 | 14,636 | 11,247 | 3,389 | -33.6 | — |
| 2016 | 18,307 | 10,691 | 7,616 | -35.3 | — |
| 2017 | 16,401 | 22,948 | −6,547 | -14.0 | — |
| 2018 | 46,772 | 14,877 | 31,895 | -21.6 | — |
| 2019 | 34,621 | 91,203 | −56,582 | 13.2 | — |
| 2020 | 246,915 | 169,025 | 77,890 | 7.1 | 0% |
| 2021 | 115,088 | 167,079 | −51,991 | 9.7 | — |
| 2022 | 73,383 | 118,254 | −44,871 | 9.1 | — |
| 2023 | 186,993 | 210,731 | −23,738 | 3.7 | — |
In its most recent public year (2023), this organization spent $23,738 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 58 in 2014.
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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