Fallbrook Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 118,991 | 207,598 | −88,607 | -5.1 | — |
| 2015 | 814,382 | 875,874 | −61,492 | -2.1 | 68% |
| 2016 | 751,182 | 736,464 | 14,718 | -2.2 | 68% |
| 2017 | 763,147 | 740,271 | 22,876 | -1.8 | 69% |
| 2018 | 778,837 | 804,320 | −25,483 | -2.1 | 64% |
| 2019 | 818,184 | 820,420 | −2,236 | -2.1 | 62% |
| 2020 | 399,580 | 418,838 | −19,258 | -4.6 | 74% |
| 2021 | 909,330 | 630,928 | 278,402 | 2.2 | 72% |
| 2022 | 1,139,247 | 1,055,165 | 84,082 | 2.3 | 61% |
| 2023 | 1,129,236 | 1,380,508 | −251,272 | -0.8 | 60% |
In its most recent public year (2023), this organization spent $251,272 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), up from -5.1 in 2014. Staff pay was 60% 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
Fallbrook Community Development Corporation'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