Be Ready Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 79,609 | 79,609 | 0 | 0.8 | — |
| 2017 | 97,770 | 97,000 | 770 | -0.9 | — |
| 2018 | 110,330 | 82,563 | 27,767 | 2.9 | — |
| 2019 | 735,953 | 64,670 | 671,283 | 128.3 | 0% |
| 2020 | 656,577 | 148,795 | 507,782 | 96.7 | 0% |
| 2021 | 326,024 | 182,367 | 143,657 | 88.4 | 0% |
| 2022 | 1,430,946 | 272,539 | 1,158,407 | 110.1 | 0% |
| 2023 | 1,028,542 | 796,715 | 231,827 | 41.2 | 3% |
In its most recent public year (2023), this organization brought in $231,827 more than it spent. Its reserves stood at about 41.2 months of spending, up from 0.8 in 2016. Staff pay was 3% of spending. $1,032,884 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
Be Ready 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