Rowan Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 887,766 | 1,025,893 | −138,127 | 56.3 | 0% |
| 2012 | 731,257 | 992,741 | −261,484 | 55.0 | 0% |
| 2013 | 911,929 | 694,929 | 217,000 | 82.4 | 0% |
| 2014 | 907,493 | 792,229 | 115,264 | 74.0 | 0% |
| 2015 | 719,992 | 812,788 | −92,796 | 71.3 | 0% |
| 2016 | 399,395 | 634,231 | −234,836 | 86.9 | 0% |
| 2017 | −3,412,257 | 4,269,696 | −7,681,953 | -8.7 | 0% |
| 2018 | 1,745,808 | 92,954 | 1,652,854 | -185.5 | 0% |
| 2019 | 665,202 | 204,011 | 461,191 | -57.4 | 0% |
| 2020 | 348,000 | 497,083 | −149,083 | -27.2 | 0% |
| 2021 | 630,492 | 7,421 | 623,071 | -811.2 | 0% |
| 2022 | 0 | 2,430 | −2,430 | -2489.4 | — |
| 2023 | 0 | 407 | −407 | -14874.8 | — |
In its most recent public year (2023), this organization spent $407 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14874.8 months), down from 56.3 in 2011.
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
Rowan Development 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