Creative Ability Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 494,124 | 417,222 | 76,902 | 9.6 | 67% |
| 2019 | 449,694 | 381,857 | 67,837 | 12.6 | 67% |
| 2020 | 357,646 | 367,507 | −9,861 | 12.1 | 66% |
| 2021 | 716,154 | 409,956 | 306,198 | 19.8 | 59% |
| 2022 | 468,615 | 417,681 | 50,934 | 20.9 | 59% |
| 2023 | 420,918 | 491,404 | −70,486 | 16.0 | 59% |
In its most recent public year (2023), this organization spent $70,486 more than it brought in. Its reserves stood at about 16 months of spending, up from 9.6 in 2018. Staff pay was 59% of spending. $307,827 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
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