Polk Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,305,047 | 982,813 | 322,234 | 83.2 | 33% |
| 2012 | 1,614,857 | 1,030,831 | 584,026 | 86.1 | 33% |
| 2013 | 1,513,557 | 1,105,743 | 407,814 | 84.7 | 31% |
| 2014 | 1,730,766 | 1,243,321 | 487,445 | 80.0 | 27% |
| 2015 | 1,999,742 | 1,312,863 | 686,879 | 82.1 | 24% |
| 2016 | 2,571,000 | 1,348,166 | 1,222,834 | 90.8 | 26% |
| 2017 | 3,087,383 | 1,561,740 | 1,525,643 | 90.1 | 24% |
| 2018 | 1,991,863 | 1,652,184 | 339,679 | 87.7 | 28% |
| 2019 | 2,599,833 | 1,874,029 | 725,804 | 81.9 | 26% |
| 2020 | 1,898,970 | 2,296,049 | −397,079 | 64.8 | 25% |
| 2021 | 4,062,648 | 2,688,766 | 1,373,882 | 61.5 | 24% |
| 2022 | 5,307,917 | 3,010,742 | 2,297,175 | 64.0 | 25% |
| 2023 | 3,545,955 | 3,752,860 | −206,905 | 50.7 | 24% |
In its most recent public year (2023), this organization spent $206,905 more than it brought in. Its reserves stood at about 50.7 months of spending, down from 83.2 in 2011. Staff pay was 24% of spending. $2,092,212 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
Polk 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