Marten Luther King Community Develo Pment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 22,094 | 21,767 | 327 | 1.4 | — |
| 2011 | 20,783 | 20,258 | 525 | 1.8 | — |
| 2012 | 52,051 | 37,194 | 14,857 | 5.8 | — |
| 2013 | 82,068 | 56,081 | 25,987 | 9.4 | — |
| 2014 | 66,955 | 68,878 | −1,923 | 6.7 | — |
| 2015 | 54,119 | 46,376 | 7,743 | 11.9 | — |
| 2016 | 104,071 | 80,307 | 23,764 | 6.9 | — |
| 2017 | 66,879 | 88,364 | −21,485 | 7.1 | — |
| 2018 | 55,560 | 61,145 | −5,585 | 9.2 | — |
| 2019 | 381,366 | 377,796 | 3,570 | 11.6 | 0% |
| 2020 | 102,447 | 64,920 | 37,527 | 68.5 | 0% |
| 2021 | 256,933 | 124,452 | 132,481 | 52.1 | 0% |
| 2022 | 130,950 | 232,020 | −101,070 | 23.5 | 0% |
In its most recent public year (2022), this organization spent $101,070 more than it brought in. Its reserves stood at about 23.5 months of spending, up from 1.4 in 2010. Staff pay was 0% of spending. $306,842 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 2022. 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
Marten Luther King Community Develo Pment Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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