Springfield Avenue Center Special Improvement District Management
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 297,279 | 231,278 | 66,001 | 13.4 | 0% |
| 2021 | 295,880 | 232,396 | 63,484 | 17.2 | 0% |
| 2022 | 295,777 | 238,974 | 56,803 | 19.4 | 0% |
| 2023 | 293,881 | 276,338 | 17,543 | 17.5 | 0% |
In its most recent public year (2023), this organization brought in $17,543 more than it spent. Its reserves stood at about 17.5 months of spending, up from 13.4 in 2020. Staff pay was 0% 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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