Century Affordable Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,426,791 | 2,381,650 | 15,045,141 | 206.9 | 64% |
| 2021 | 7,189,607 | 2,492,110 | 4,697,497 | 220.3 | 70% |
| 2022 | 4,263,794 | 3,338,246 | 925,548 | 165.6 | 70% |
| 2023 | 15,866,369 | 4,041,722 | 11,824,647 | 171.9 | 63% |
In its most recent public year (2023), this organization brought in $11,824,647 more than it spent. Its reserves stood at about 171.9 months of spending, down from 206.9 in 2020. Staff pay was 63% of spending. $9,603,750 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
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