Mckenzie Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 77,137 | 81,520 | −4,383 | 3.1 | — |
| 2017 | 30,242 | 35,946 | −5,704 | 5.2 | — |
| 2018 | 44,409 | 26,720 | 17,689 | 14.6 | — |
| 2019 | 27,253 | 51,339 | −24,086 | 2.0 | — |
| 2020 | 473,483 | 204,326 | 269,157 | 16.3 | 0% |
| 2021 | 599,636 | 458,288 | 141,348 | 11.0 | 34% |
| 2022 | 172,515 | 350,533 | −178,018 | 8.2 | 59% |
| 2023 | 31,093 | 184,257 | −153,164 | 5.7 | 75% |
In its most recent public year (2023), this organization spent $153,164 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 3.1 in 2016. Staff pay was 75% of spending. $40,206 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
Mckenzie 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