everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Cherryville Community Development Corporation

Cherryville, NC / EIN 56-1470584 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2015194,12813,074181,054261.70%
2016−88,47712,151−100,628182.2
20178,8216008,2213853.9
201821,07450020,5745118.5
20198,5985658,0334700.2
20209,7515909,1614687.4
20217,7146007,1144751.6
202210,0756159,4604820.3
20236,0266505,3764660.0
202416,07769515,3824623.80%

In its most recent public year (2024), this organization brought in $15,382 more than it spent. Its reserves stood at about 4623.8 months of spending, up from 261.7 in 2015. 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 2024. 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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