Glad Tidings Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 943,953 | 792,496 | 151,457 | 6.8 | 1% |
| 2011 | 986,122 | 1,027,075 | −40,953 | 3.5 | 4% |
| 2012 | 1,117,253 | 996,057 | 121,196 | 5.1 | 4% |
| 2013 | 956,797 | 1,033,391 | −76,594 | -1.3 | 15% |
| 2014 | 935,416 | 802,092 | 133,324 | -6.8 | 19% |
| 2019 | 187,266 | 2,334,960 | −2,147,694 | 7.2 | 0% |
| 2020 | 231,842 | 298,443 | −66,601 | 53.2 | 0% |
| 2021 | 543,433 | 522,184 | 21,249 | 30.9 | 16% |
| 2022 | 1,650,805 | 692,363 | 958,442 | 39.9 | 35% |
| 2023 | 1,603,990 | 762,979 | 841,011 | 52.9 | 39% |
In its most recent public year (2023), this organization brought in $841,011 more than it spent. Its reserves stood at about 52.9 months of spending, up from 6.8 in 2010. Staff pay was 39% of spending.
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