Summech Community Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 427,208 | 513,181 | −85,973 | 48.3 | 40% |
| 2012 | 297,619 | 358,937 | −61,318 | 64.9 | 47% |
| 2013 | 727,315 | 514,931 | 212,384 | 50.2 | 38% |
| 2014 | 385,423 | 610,190 | −224,767 | 30.6 | 26% |
| 2015 | 710,402 | 595,389 | 115,013 | 33.7 | 18% |
| 2016 | 979,213 | 596,358 | 382,855 | 41.4 | 48% |
| 2017 | 615,359 | 457,928 | 157,431 | 58.0 | 22% |
| 2018 | 743,731 | 989,846 | −246,115 | 9.5 | 32% |
| 2019 | 1,171,871 | 1,086,416 | 85,455 | 19.0 | 36% |
| 2020 | 4,427,800 | 1,195,400 | 3,232,400 | 49.8 | 32% |
| 2021 | 1,002,705 | 1,384,620 | −381,915 | 39.6 | 29% |
| 2022 | 919,069 | 1,479,768 | −560,699 | 37.2 | 28% |
| 2023 | 2,358,194 | 1,465,859 | 892,335 | 44.9 | 30% |
In its most recent public year (2023), this organization brought in $892,335 more than it spent. Its reserves stood at about 44.9 months of spending, down from 48.3 in 2011. Staff pay was 30% 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 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
Summech Community Development Corporation 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