Community Economic Development Fund Foundation Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,722,719 | $1,722,625 | $94 | 94.8 | 65% |
| 2021 | $2,229,141 | $2,001,342 | $227,799 | 87.9 | 58% |
| 2022 | $2,219,165 | $2,035,384 | $183,781 | 82.0 | 59% |
| 2023 | $2,433,942 | $2,249,503 | $184,439 | 76.0 | 56% |
In its most recent public year (2023), this organization brought in $184,439 more than it spent. Its reserves stood at about 76 months of spending, down from 94.8 in 2020. Staff pay was 56% of spending. $2,876,261 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 ↗
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