Cities For Financial Empowerment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 14,929,885 | 9,753,692 | 5,176,193 | 6.4 | 12% |
| 2017 | 9,052,435 | 7,087,086 | 1,965,349 | 12.1 | 17% |
| 2018 | 15,858,817 | 10,655,981 | 5,202,836 | 13.9 | 14% |
| 2019 | 10,713,193 | 12,117,455 | −1,404,262 | 10.8 | 16% |
| 2020 | 13,818,429 | 9,897,243 | 3,921,186 | 18.0 | 21% |
| 2021 | 7,980,604 | 14,370,873 | −6,390,269 | 7.1 | 17% |
| 2022 | 27,257,857 | 11,253,754 | 16,004,103 | 26.4 | 24% |
| 2023 | 7,628,594 | 10,398,984 | −2,770,390 | 25.6 | 31% |
In its most recent public year (2023), this organization spent $2,770,390 more than it brought in. Its reserves stood at about 25.6 months of spending. Staff pay was 31% of spending. $18,306,640 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
Cities For Financial Empowerment Fund Inc'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