Ibadan Descendants Of New York Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,870 | 1,640 | 230 | 34.9 | 0% |
| 2015 | 2,510 | 2,050 | 460 | 38.3 | 0% |
| 2016 | 789 | 3,450 | −2,661 | 13.5 | 0% |
| 2017 | 1,340 | 1,454 | −114 | 31.6 | 0% |
| 2018 | 960 | 3,525 | −2,565 | 4.3 | 0% |
| 2019 | 4,931 | 3,432 | 1,499 | 9.7 | 0% |
| 2022 | 1,307 | 395 | 912 | 250.3 | 0% |
| 2023 | 1,970 | 3,387 | −1,417 | 24.2 | 0% |
In its most recent public year (2023), this organization spent $1,417 more than it brought in. Its reserves stood at about 24.2 months of spending, down from 34.9 in 2012. 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 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
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