Novi Parks Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,408 | 25,633 | 94,775 | 277.2 | — |
| 2012 | 18,383 | 27,274 | −8,891 | 256.6 | 0% |
| 2013 | 21,810 | 115,264 | −93,454 | 51.0 | 0% |
| 2014 | 63,153 | 18,100 | 45,053 | 354.6 | 31% |
| 2015 | 69,418 | 189,353 | −119,935 | 26.3 | 14% |
| 2016 | 72,184 | 34,404 | 37,780 | 157.9 | 64% |
| 2017 | 67,386 | 34,112 | 33,274 | 170.9 | 66% |
| 2018 | 64,886 | 94,799 | −29,913 | 57.7 | 22% |
| 2019 | 83,284 | 53,484 | 29,800 | 109.0 | 0% |
| 2020 | 9,149 | 163,412 | −154,263 | 24.3 | 0% |
| 2021 | 26,741 | 90,055 | −63,314 | 35.8 | 0% |
| 2022 | 252,597 | 10,119 | 242,478 | 605.8 | 0% |
| 2023 | 136,157 | 20,017 | 116,140 | 375.9 | 0% |
In its most recent public year (2023), this organization brought in $116,140 more than it spent. Its reserves stood at about 375.9 months of spending, up from 277.2 in 2011. Staff pay was 0% of spending. $123,532 of its net assets are donor-restricted.
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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