Cityway Community Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 36,396 | 56,658 | −20,262 | -4.3 | 62% |
| 2020 | 553,130 | 504,068 | 49,062 | 0.7 | 0% |
| 2021 | 1,078,823 | 1,069,938 | 8,885 | 0.4 | 0% |
| 2022 | 1,607,622 | 1,485,655 | 121,967 | 0.2 | 0% |
| 2023 | 1,985,450 | 1,866,202 | 119,248 | 1.0 | 0% |
In its most recent public year (2023), this organization brought in $119,248 more than it spent. Its reserves stood at about 1 months of spending, up from -4.3 in 2019. 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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