Prime Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 81,114 | 74,643 | 6,471 | 1.9 | — |
| 2021 | 82,700 | 77,500 | 5,200 | 4.8 | — |
| 2022 | 82,400 | 79,660 | 2,740 | 5.1 | — |
| 2023 | 83,100 | 80,000 | 3,100 | 5.5 | — |
In its most recent public year (2023), this organization brought in $3,100 more than it spent. Its reserves stood at about 5.5 months of spending, up from 1.9 in 2019.
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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