Eastern Eight Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,183,585 | 3,286,242 | 897,343 | 16.2 | 15% |
| 2012 | 5,063,091 | 3,604,773 | 1,458,318 | 19.6 | 17% |
| 2013 | 4,233,793 | 3,359,376 | 874,417 | 24.2 | 22% |
| 2014 | 4,240,172 | 2,554,677 | 1,685,495 | 39.7 | 28% |
| 2015 | 6,024,452 | 4,707,898 | 1,316,554 | 24.9 | 17% |
| 2016 | 4,404,804 | 3,876,256 | 528,548 | 31.9 | 20% |
| 2017 | 5,900,021 | 5,661,835 | 238,186 | 22.3 | 12% |
| 2018 | 5,052,916 | 5,117,317 | −64,401 | 24.5 | 15% |
| 2019 | 4,548,219 | 5,045,844 | −497,625 | 23.7 | 0% |
| 2020 | 6,360,395 | 3,289,119 | 3,071,276 | 47.6 | 0% |
| 2021 | 3,706,192 | 3,800,068 | −93,876 | 40.9 | 0% |
| 2022 | 3,788,608 | 3,938,931 | −150,323 | 39.0 | 0% |
| 2023 | 4,015,634 | 4,089,385 | −73,751 | 37.3 | 19% |
In its most recent public year (2023), this organization spent $73,751 more than it brought in. Its reserves stood at about 37.3 months of spending, up from 16.2 in 2011. Staff pay was 19% of spending. $1,027,593 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
Eastern Eight Community Development Corporation'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