Al Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 399,395 | 238,538 | 160,857 | 8.1 | 0% |
| 2022 | 644,016 | 481,876 | 162,140 | 9.3 | 42% |
| 2023 | 637,195 | 561,583 | 75,612 | 9.6 | 51% |
In its most recent public year (2023), this organization brought in $75,612 more than it spent. Its reserves stood at about 9.6 months of spending, up from 8.1 in 2021. Staff pay was 51% of spending. $450,282 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
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