Herd Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 384,560 | 373,039 | 11,521 | 18.2 | 0% |
| 2012 | 353,300 | 334,491 | 18,809 | 21.0 | 0% |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 318,210 | 306,960 | 11,250 | 16.9 | 0% |
| 2015 | 327,992 | 295,564 | 32,428 | 18.9 | 0% |
| 2016 | 354,672 | 295,440 | 59,232 | 21.1 | 0% |
| 2018 | 370,035 | 327,985 | 42,050 | 21.0 | 0% |
| 2019 | 350,255 | 311,169 | 39,086 | 23.6 | 0% |
| 2020 | 357,685 | 320,353 | 37,332 | 24.3 | 0% |
In its most recent public year (2020), this organization brought in $37,332 more than it spent. Its reserves stood at about 24.3 months of spending, up from 18.2 in 2011. Staff pay was 0% 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 2020. 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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