Ujamaa Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 282,713 | 107,292 | 175,421 | 20.2 | 39% |
| 2020 | 124,184 | 191,475 | −67,291 | 7.1 | — |
| 2021 | 802,986 | 182,305 | 620,681 | 48.4 | 44% |
| 2022 | 570,347 | 312,686 | 257,661 | 38.1 | 31% |
| 2023 | 295,365 | 488,160 | −192,795 | 19.7 | 29% |
In its most recent public year (2023), this organization spent $192,795 more than it brought in. Its reserves stood at about 19.7 months of spending. 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 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
Ujamaa Economic Development Corporation'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