Penquis Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 495,612 | 375,164 | 120,448 | 30.1 | 0% |
| 2021 | 696,546 | 451,576 | 244,970 | 26.1 | 0% |
| 2022 | 956,721 | 971,404 | −14,683 | 9.8 | 0% |
| 2023 | 1,349,299 | 1,023,730 | 325,569 | -1.5 | 0% |
In its most recent public year (2023), this organization brought in $325,569 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 30.1 in 2020. 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works