Near West Side Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,810,229 | 3,877,568 | −1,067,339 | 17.4 | 0% |
| 2012 | 2,146,441 | 987,756 | 1,158,685 | 82.4 | 0% |
| 2013 | 1,262,386 | 1,242,297 | 20,089 | 65.7 | 3% |
| 2014 | 1,019,300 | 1,215,672 | −196,372 | 65.2 | 5% |
| 2015 | 1,049,764 | 996,446 | 53,318 | 80.2 | 2% |
| 2016 | 1,171,399 | 1,180,934 | −9,535 | 67.6 | 0% |
| 2017 | 1,196,954 | 1,407,535 | −210,581 | 54.9 | 0% |
| 2018 | 3,531,094 | 1,326,063 | 2,205,031 | 78.2 | 1% |
| 2019 | 1,368,070 | 1,414,702 | −46,632 | 72.9 | 4% |
| 2020 | 1,758,785 | 1,285,907 | 472,878 | 84.6 | 7% |
| 2021 | 901,152 | 1,232,088 | −330,936 | 85.1 | 5% |
| 2022 | 843,872 | 1,342,532 | −498,660 | 73.6 | 4% |
| 2023 | 663,077 | 1,383,513 | −720,436 | 65.2 | 5% |
In its most recent public year (2023), this organization spent $720,436 more than it brought in. Its reserves stood at about 65.2 months of spending, up from 17.4 in 2011. Staff pay was 5% 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
Near West Side Initiative Inc'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