Norwich Community Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 946,771 | 883,268 | 63,503 | 75.1 | 23% |
| 2012 | 967,956 | 887,505 | 80,451 | 75.8 | 25% |
| 2013 | 879,804 | 947,949 | −68,145 | 70.1 | 27% |
| 2014 | 865,869 | 940,479 | −74,610 | 69.9 | 28% |
| 2015 | 900,850 | 1,185,835 | −284,985 | 52.5 | 24% |
| 2016 | 917,073 | 1,181,458 | −264,385 | 50.0 | 23% |
| 2017 | 803,481 | 1,136,718 | −333,237 | 48.4 | 17% |
| 2018 | 768,771 | 1,078,501 | −309,730 | 47.6 | 19% |
| 2019 | 939,612 | 1,207,344 | −267,732 | 39.8 | 17% |
| 2020 | 911,046 | 1,249,659 | −338,613 | 35.2 | 22% |
| 2021 | 823,908 | 1,152,140 | −328,232 | 34.8 | 13% |
| 2022 | 928,313 | 1,275,156 | −346,843 | 28.2 | 18% |
| 2023 | 6,437,047 | 5,712,380 | 724,667 | 7.8 | 4% |
In its most recent public year (2023), this organization brought in $724,667 more than it spent. Its reserves stood at about 7.8 months of spending, down from 75.1 in 2011. Staff pay was 4% of spending. $3,284,183 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works