New Direction Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 282,340 | 223,812 | 58,528 | 34.7 | 0% |
| 2020 | 201,344 | 198,020 | 3,324 | 39.4 | 0% |
| 2021 | 280,145 | 256,208 | 23,937 | 31.6 | 0% |
In its most recent public year (2021), this organization brought in $23,937 more than it spent. Its reserves stood at about 31.6 months of spending, down from 34.7 in 2019. 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 2021. 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
New Direction Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2021. 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