Island Mountain Community Development Financial Institution
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 252,040 | 41,045 | 210,995 | 73.2 | 0% |
| 2022 | 421,525 | 371,871 | 49,654 | 9.7 | 70% |
| 2023 | 796,509 | 359,219 | 437,290 | 24.6 | 50% |
In its most recent public year (2023), this organization brought in $437,290 more than it spent. Its reserves stood at about 24.6 months of spending, down from 73.2 in 2021. Staff pay was 50% 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
Island Mountain Community Development Financial Institution'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