Black Cultural Zone Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 536,500 | 125,301 | 411,199 | 39.4 | 43% |
| 2021 | 2,134,484 | 1,683,206 | 451,278 | 6.1 | 29% |
| 2022 | 4,547,731 | 2,673,442 | 1,874,289 | 12.3 | 36% |
| 2023 | 4,746,277 | 4,496,383 | 249,894 | 8.0 | 38% |
In its most recent public year (2023), this organization brought in $249,894 more than it spent. Its reserves stood at about 8 months of spending, down from 39.4 in 2020. Staff pay was 38% of spending. $2,162,926 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
Black Cultural Zone Community 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