everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Galena Downtown Business Corp Nfp

Galena, IL / EIN 20-3132591 / Form 990-EZ / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201110,16610,386−2206.5
20122,6616,536−3,8753.3
202251,10551,982−8775.1
202329,66025,5984,06212.3
202436,36638,715−2,3497.4

In its most recent public year (2024), this organization spent $2,349 more than it brought in. Its reserves stood at about 7.4 months 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 2024. 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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