Florida Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 10,000 | 804 | 9,196 | 137.3 | — |
| 2017 | 0 | 1,300 | −1,300 | 72.9 | — |
| 2018 | 6,600 | 211 | 6,389 | 766.9 | — |
| 2019 | −32,338 | 3,636 | −35,974 | 10445.0 | 0% |
| 2020 | 34,900 | 127,351 | −92,451 | 289.6 | 19% |
| 2021 | 98,006 | 201,105 | −103,099 | 177.5 | 20% |
| 2022 | 98,969 | 61,497 | 37,472 | 479.8 | 45% |
| 2023 | 3,441,234 | 194,162 | 3,247,072 | 352.7 | 71% |
In its most recent public year (2023), this organization brought in $3,247,072 more than it spent. Its reserves stood at about 352.7 months of spending, up from 137.3 in 2016. Staff pay was 71% of spending. $3,436,648 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
Florida 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