25 Carrick Ave Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 117,035 | 29,385 | 87,650 | 45.3 | — |
| 2022 | 380,710 | 285,964 | 94,746 | 8.6 | 63% |
| 2023 | 1,054,287 | 532,309 | 521,978 | 16.4 | 63% |
| 2024 | 385,044 | 587,301 | −202,257 | 10.7 | 64% |
In its most recent public year (2024), this organization spent $202,257 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 45.3 in 2021. Staff pay was 64% of spending. $340,000 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 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
25 Carrick Ave Project'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