Forty West Street Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,929 | 115,434 | −52,505 | -7.3 | 4% |
| 2012 | 63,037 | 103,949 | −40,912 | -12.8 | 4% |
| 2013 | 62,053 | 108,263 | −46,210 | -17.4 | 5% |
| 2014 | 31,515 | 59,231 | −27,716 | -37.5 | 4% |
| 2015 | 62,711 | 119,057 | −56,346 | -24.3 | 4% |
| 2016 | 62,859 | 121,215 | −58,356 | -29.7 | 5% |
| 2017 | 61,858 | 114,603 | −52,745 | -36.9 | 0% |
| 2018 | 62,933 | 153,441 | −90,508 | -34.6 | 0% |
| 2019 | 63,048 | 116,448 | −53,400 | -51.2 | 4% |
| 2020 | 63,048 | 118,459 | −55,411 | -55.9 | 4% |
| 2021 | 63,030 | 118,761 | −55,731 | -61.4 | 4% |
| 2022 | 63,031 | 120,487 | −57,456 | -66.2 | 5% |
| 2023 | 63,027 | 124,251 | −61,224 | -70.1 | 4% |
In its most recent public year (2023), this organization spent $61,224 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-70.1 months), down from -7.3 in 2011. Staff pay was 4% 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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