Cares Ng Development Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 346,665 | 41,741 | 304,924 | 87.7 | 0% |
| 2014 | 665,000 | 650,283 | 14,717 | 5.9 | 0% |
| 2015 | 460,000 | 347,951 | 112,049 | 14.9 | 0% |
| 2016 | 150,000 | 344,891 | −194,891 | 8.2 | 0% |
| 2017 | 395,000 | 352,443 | 42,557 | 9.5 | 0% |
| 2018 | 305,000 | 210,271 | 94,729 | 21.3 | 0% |
| 2019 | 275,000 | 337,754 | −62,754 | 11.1 | 0% |
| 2020 | 175,000 | 300,340 | −125,340 | 7.4 | 0% |
| 2021 | 175,000 | 199,585 | −24,585 | 9.7 | 0% |
| 2022 | 175,000 | 237,228 | −62,228 | 5.0 | 0% |
| 2023 | 200,000 | 195,884 | 4,116 | 6.3 | 0% |
In its most recent public year (2023), this organization brought in $4,116 more than it spent. Its reserves stood at about 6.3 months of spending, down from 87.7 in 2013. Staff pay was 0% of spending.
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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