Parsons Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,103 | 1,408 | −305 | 543.9 | — |
| 2014 | 1,117 | 1,396 | −279 | 546.2 | — |
| 2015 | 2,302 | 2,008 | 294 | 381.5 | — |
| 2016 | 2,203 | 783 | 1,420 | 1000.1 | — |
| 2017 | 1,207 | 1,522 | −315 | 512.0 | — |
| 2019 | 14,408 | 1,643 | 12,765 | 567.5 | — |
In its most recent public year (2019), this organization brought in $12,765 more than it spent. Its reserves stood at about 567.5 months of spending, up from 543.9 in 2013.
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 2019. 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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