Ascendant Neighborhood Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,002,325 | 944,844 | 57,481 | 30.4 | 69% |
| 2012 | 1,120,700 | 935,351 | 185,349 | 33.1 | 75% |
| 2013 | 1,156,092 | 1,182,218 | −26,126 | 27.4 | 69% |
| 2014 | 920,072 | 672,908 | 247,164 | 10.8 | 51% |
| 2015 | 629,309 | 1,232,927 | −603,618 | -2.5 | 31% |
| 2016 | 600,419 | 1,045,872 | −445,453 | -12.1 | 34% |
| 2017 | 3,420,041 | 2,942,707 | 477,334 | -40.3 | 20% |
| 2018 | 5,528,027 | 5,251,970 | 276,057 | -8.2 | 19% |
| 2019 | 4,370,553 | 5,623,774 | −1,253,221 | -11.9 | 20% |
| 2020 | 4,511,656 | 6,383,017 | −1,871,361 | -16.6 | 18% |
| 2021 | 4,446,577 | 8,349,028 | −3,902,451 | -22.7 | 15% |
| 2022 | 1,306,420 | 1,312,690 | −6,270 | -2.0 | 53% |
| 2023 | 135,879 | 461,100 | −325,221 | -15.7 | 0% |
In its most recent public year (2023), this organization spent $325,221 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.7 months), down from 30.4 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 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
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