Canandaigua Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 150,014 | 150,616 | −602 | 0.5 | — |
| 2013 | 181,180 | 194,989 | −13,809 | -0.5 | — |
| 2014 | 24,621 | 42,765 | −18,144 | -7.3 | — |
| 2015 | 5 | 4,055 | −4,050 | -88.7 | — |
| 2016 | 1,120,753 | 1,114,406 | 6,347 | 0.3 | 0% |
| 2017 | 1,211,636 | 1,215,970 | −4,334 | 0.3 | 0% |
| 2018 | 1,310,685 | 1,326,360 | −15,675 | 0.1 | 0% |
| 2019 | 1,425,675 | 1,434,789 | −9,114 | 0.0 | 0% |
| 2020 | 1,385,795 | 1,373,047 | 12,748 | 0.1 | 0% |
| 2021 | 1,202,701 | 1,206,277 | −3,576 | 0.1 | 0% |
| 2022 | 510,975 | 1,246,948 | −735,973 | -7.0 | 0% |
| 2023 | 1,818 | 1,296,675 | −1,294,857 | -18.7 | 0% |
In its most recent public year (2023), this organization spent $1,294,857 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.7 months), down from 0.5 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
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