Sobro Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 621,510 | 606,512 | 14,998 | 3.6 | 0% |
| 2013 | 697,939 | 653,069 | 44,870 | 11.1 | 0% |
| 2014 | 671,663 | 599,682 | 71,981 | 13.5 | 0% |
| 2015 | 767,963 | 727,234 | 40,729 | 11.8 | 0% |
| 2016 | 1,112,812 | 1,011,747 | 101,065 | 9.0 | 0% |
| 2017 | 1,271,271 | 1,126,686 | 144,585 | 9.7 | 0% |
| 2018 | 1,134,937 | 1,445,101 | −310,164 | -4.5 | 3% |
| 2019 | 2,178,909 | 1,376,117 | 802,792 | 2.3 | 0% |
| 2020 | 910,859 | 530,502 | 380,357 | 2.1 | 0% |
| 2021 | 888,658 | 1,310,399 | −421,741 | -19.8 | 0% |
| 2022 | 965,131 | 2,056,039 | −1,090,908 | -19.0 | 0% |
| 2023 | 1,036,433 | 1,492,075 | −455,642 | -29.8 | 0% |
In its most recent public year (2023), this organization spent $455,642 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.8 months), down from 3.6 in 2012. 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
Sobro Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works