Gentlemen By Choice Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 8,811 | 8,491 | 320 | 0.5 | — |
| 2017 | 59,632 | 56,225 | 3,407 | 1.1 | — |
| 2018 | 55,149 | 37,625 | 17,524 | 7.0 | — |
| 2019 | 83,307 | 81,914 | 1,393 | 3.9 | — |
| 2020 | 456,124 | 336,346 | 119,778 | 5.4 | 44% |
| 2021 | 633,114 | 590,768 | 42,346 | 4.4 | 39% |
| 2022 | 892,035 | 928,456 | −36,421 | 2.3 | 23% |
| 2023 | 161,477 | 402,866 | −241,389 | -1.9 | 30% |
| 2024 | 241,875 | 240,962 | 913 | -3.1 | 29% |
In its most recent public year (2024), this organization brought in $913 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.1 months), down from 0.5 in 2016. Staff pay was 29% 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 2024. 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
Gentlemen By Choice Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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