Mount Olive Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 133,356 | 92,882 | 40,474 | 5.4 | — |
| 2016 | 125,366 | 142,361 | −16,995 | 2.1 | — |
| 2017 | 63,082 | 76,497 | −13,415 | 1.6 | — |
| 2018 | 18,332 | 19,538 | −1,206 | 5.6 | — |
| 2019 | 22,603 | 22,608 | −5 | 5.3 | — |
| 2020 | 13,459 | 9,443 | 4,016 | 17.8 | — |
| 2021 | 8,887 | 7,879 | 1,008 | 22.8 | — |
| 2022 | 10,402 | 9,363 | 1,039 | 20.6 | — |
In its most recent public year (2022), this organization brought in $1,039 more than it spent. Its reserves stood at about 20.6 months of spending, up from 5.4 in 2015.
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 2022. 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
Mount Olive Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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