Troy Community Land Bank Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 268,821 | 56,185 | 212,636 | 45.4 | 0% |
| 2016 | 426,226 | 132,461 | 293,765 | 45.9 | 21% |
| 2017 | 529,127 | 165,223 | 363,904 | 63.2 | 35% |
| 2018 | 291,892 | 441,993 | −150,101 | 19.6 | 20% |
| 2019 | 242,186 | 384,009 | −141,823 | 18.1 | 20% |
| 2020 | 167,779 | 385,409 | −217,630 | 11.2 | 0% |
In its most recent public year (2020), this organization spent $217,630 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 45.4 in 2015. 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 2020. 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
Troy Community Land Bank Corporation's IRS filings as a feed — one entry per filing year, through 2020. 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