St Michaels Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50 | 3,903 | −3,853 | 595.5 | 0% |
| 2021 | 40 | 14,122 | −14,082 | 152.6 | 0% |
| 2022 | 35 | 8,063 | −8,028 | 255.4 | — |
| 2023 | 30 | 30,029 | −29,999 | 56.6 | — |
In its most recent public year (2023), this organization spent $29,999 more than it brought in. Its reserves stood at about 56.6 months of spending, down from 595.5 in 2020.
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
St Michaels Redevelopment Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works