The Fortitude Educational And Cultural Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,626 | 10,836 | 7,790 | 110.6 | — |
| 2012 | 24,319 | 5,829 | 18,490 | 243.6 | — |
| 2013 | 14,017 | 3,905 | 10,112 | 394.7 | — |
| 2014 | 22,230 | 6,662 | 15,568 | 259.4 | — |
| 2015 | 18,990 | 6,077 | 12,913 | 309.9 | — |
| 2016 | 31,636 | 7,278 | 24,358 | 298.9 | — |
| 2017 | 26,524 | 56,547 | −30,023 | 32.1 | — |
| 2018 | 12,261 | 13,592 | −1,331 | 132.4 | — |
| 2019 | 16,681 | 9,961 | 6,720 | 188.7 | — |
| 2020 | 19,660 | 12,668 | 6,992 | 155.0 | — |
| 2021 | 17,575 | 12,942 | 4,633 | 145.5 | — |
| 2022 | 17,954 | 17,917 | 37 | 105.1 | — |
| 2023 | 156,480 | 156,051 | 429 | 10.6 | — |
In its most recent public year (2023), this organization brought in $429 more than it spent. Its reserves stood at about 10.6 months of spending, down from 110.6 in 2011.
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
The Fortitude Educational And Cultural Development Center 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