Midwood Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,042,377 | 1,054,041 | −11,664 | 0.5 | 66% |
| 2012 | 977,229 | 1,061,558 | −84,329 | -0.5 | 71% |
| 2013 | 981,237 | 976,176 | 5,061 | -0.4 | 69% |
| 2014 | 1,151,478 | 1,068,858 | 82,620 | 0.5 | 70% |
| 2015 | 1,385,788 | 1,392,985 | −7,197 | 0.4 | 71% |
| 2016 | 1,703,807 | 1,592,196 | 111,611 | 1.1 | 71% |
| 2017 | 1,393,250 | 1,531,704 | −138,454 | 0.1 | 70% |
| 2018 | 1,329,613 | 1,440,750 | −111,137 | -0.8 | 72% |
| 2019 | 1,358,133 | 1,244,221 | 113,912 | 0.2 | 72% |
| 2020 | 1,143,204 | 1,171,208 | −28,004 | -0.1 | 69% |
| 2021 | 1,075,760 | 971,607 | 104,153 | 1.1 | 61% |
| 2022 | 1,432,815 | 1,132,986 | 299,829 | 4.2 | 55% |
| 2023 | 399,528 | 533,901 | −134,373 | 5.8 | 44% |
| 2024 | 434,020 | 459,710 | −25,690 | 6.1 | 50% |
In its most recent public year (2024), this organization spent $25,690 more than it brought in. Its reserves stood at about 6.1 months of spending, up from 0.5 in 2011. Staff pay was 50% 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 2024. 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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