New Providence Downtown Improvement District Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,972 | 134,023 | −13,051 | 1.8 | — |
| 2012 | 131,825 | 114,408 | 17,417 | 4.0 | — |
| 2013 | 116,011 | 36,907 | 79,104 | 38.0 | — |
| 2014 | 102,616 | 175,668 | −73,052 | 3.0 | — |
| 2015 | 76,026 | 67,585 | 8,441 | 9.3 | — |
| 2016 | 95,635 | 86,920 | 8,715 | 8.4 | — |
| 2017 | 94,957 | 86,158 | 8,799 | 9.7 | — |
| 2018 | 89,733 | 67,502 | 22,231 | 16.4 | — |
| 2019 | 81,834 | 73,479 | 8,355 | 16.4 | — |
| 2020 | 78,187 | 70,133 | 8,054 | 18.6 | — |
| 2021 | 204,817 | 125,441 | 79,376 | 18.0 | 0% |
| 2022 | 83,699 | 151,853 | −68,154 | 9.5 | 0% |
| 2023 | 76,975 | 107,026 | −30,051 | 10.0 | 0% |
In its most recent public year (2023), this organization spent $30,051 more than it brought in. Its reserves stood at about 10 months of spending, up from 1.8 in 2011. Staff pay was 0% of spending. $89,593 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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