Accepting Challenges To Improve Our Nation - Community Devlopment Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 70,100 | 21,050 | 49,050 | 28.0 | — |
| 2018 | 702,037 | 448,798 | 253,239 | 6.8 | 48% |
| 2019 | 6,622 | 306,204 | −299,582 | 0.3 | — |
In its most recent public year (2019), this organization spent $299,582 more than it brought in. Its reserves stood at about 0.3 months 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 2019. 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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