Souderton-Telford Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 142,717 | 117,768 | 24,949 | 8.9 | — |
| 2021 | 106,864 | 136,194 | −29,330 | 5.1 | — |
| 2022 | 134,348 | 161,265 | −26,917 | 2.3 | — |
| 2023 | 145,564 | 112,636 | 32,928 | 6.8 | — |
In its most recent public year (2023), this organization brought in $32,928 more than it spent. Its reserves stood at about 6.8 months of spending, down from 8.9 in 2020.
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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