Carolinas-Virginia Minority Supplier Developoment Councils Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,037,370 | 913,359 | 124,011 | 8.7 | 32% |
| 2012 | 1,138,467 | 1,121,765 | 16,702 | 7.2 | 28% |
| 2013 | 1,155,036 | 1,214,691 | −59,655 | 6.0 | 26% |
| 2014 | 1,634,557 | 1,660,565 | −26,008 | 4.2 | 21% |
| 2015 | 1,200,452 | 1,333,367 | −132,915 | 3.7 | 27% |
| 2016 | 1,163,876 | 1,221,318 | −57,442 | 3.1 | 21% |
| 2017 | 1,257,992 | 1,178,681 | 79,311 | 3.7 | 23% |
| 2018 | 1,193,143 | 1,249,180 | −56,037 | 3.2 | 34% |
| 2019 | 1,143,075 | 997,608 | 145,467 | 5.9 | 32% |
| 2020 | 1,423,240 | 850,939 | 572,301 | 14.7 | 45% |
| 2021 | 1,303,584 | 982,871 | 320,713 | 16.3 | 43% |
| 2022 | 1,403,116 | 1,198,866 | 204,250 | 14.9 | 38% |
| 2023 | 1,436,348 | 1,316,374 | 119,974 | 14.7 | 39% |
In its most recent public year (2023), this organization brought in $119,974 more than it spent. Its reserves stood at about 14.7 months of spending, up from 8.7 in 2011. Staff pay was 39% of spending. $80,000 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
Carolinas-Virginia Minority Supplier Developoment Councils Inc'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