Independence 1st Owner Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,508 | 70,657 | −13,149 | -49.2 | — |
| 2012 | 57,504 | 70,292 | −12,788 | -51.7 | — |
| 2013 | 57,499 | 63,409 | −5,910 | -58.4 | — |
| 2014 | 57,495 | 50,030 | 7,465 | -72.2 | — |
| 2015 | 57,498 | 50,779 | 6,719 | -69.5 | — |
| 2016 | 57,069 | 60,045 | −2,976 | -59.4 | — |
| 2017 | 57,488 | 64,957 | −7,469 | -56.3 | — |
| 2018 | 50,649 | 29,174 | 21,475 | -116.5 | — |
| 2019 | 53,387 | 18,848 | 34,539 | -158.4 | — |
| 2020 | 55,910 | 54,464 | 1,446 | -54.5 | — |
| 2021 | 46,733 | 60,289 | −13,556 | -51.9 | — |
| 2022 | 41,953 | 65,255 | −23,302 | -52.3 | — |
| 2023 | 50,966 | 71,643 | −20,677 | -51.1 | — |
In its most recent public year (2023), this organization spent $20,677 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-51.1 months), down from -49.2 in 2011.
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