Texas Association Of Community Development Corporations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 297,511 | 291,496 | 6,015 | -0.3 | 54% |
| 2012 | 305,865 | 328,729 | −22,864 | -1.1 | 53% |
| 2013 | 289,695 | 252,963 | 36,732 | 0.3 | 51% |
| 2014 | 379,220 | 267,889 | 111,331 | 5.3 | 67% |
| 2015 | 300,447 | 296,722 | 3,725 | 4.9 | 55% |
| 2016 | 349,316 | 321,299 | 28,017 | 5.6 | 54% |
| 2017 | 298,578 | 340,380 | −41,802 | 3.8 | 58% |
| 2018 | 502,978 | 342,618 | 160,360 | 9.4 | 64% |
| 2019 | 1,188,162 | 499,671 | 688,491 | 23.0 | 58% |
| 2020 | 558,914 | 670,330 | −111,416 | 15.1 | 43% |
| 2021 | 619,034 | 615,675 | 3,359 | 16.5 | 49% |
| 2022 | 550,299 | 612,790 | −62,491 | 15.3 | 39% |
| 2023 | 675,404 | 763,065 | −87,661 | 10.9 | 40% |
In its most recent public year (2023), this organization spent $87,661 more than it brought in. Its reserves stood at about 10.9 months of spending, up from -0.3 in 2011. Staff pay was 40% of spending. $226,482 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
Texas Association Of Community Development Corporations'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