First Evangelist Housing And Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,088,569 | 2,591,122 | −502,553 | 7.1 | 7% |
| 2015 | 1,054,054 | 1,174,834 | −120,780 | 1.4 | 13% |
| 2017 | 811,593 | 843,275 | −31,682 | -1.5 | 19% |
| 2018 | 670,075 | 834,326 | −164,251 | -3.8 | 19% |
| 2019 | 724,337 | 755,798 | −31,461 | -4.7 | 18% |
| 2020 | 580,644 | 757,607 | −176,963 | -7.6 | 12% |
| 2021 | 632,773 | 671,874 | −39,101 | -9.5 | 9% |
| 2022 | 482,723 | 999,208 | −516,485 | -12.6 | 0% |
In its most recent public year (2022), this organization spent $516,485 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.6 months), down from 7.1 in 2011. Staff pay was 0% 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 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
First Evangelist Housing And 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