Naiop Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,516,493 | 9,010,757 | 1,505,736 | 17.8 | 58% |
| 2021 | 11,820,157 | 10,655,818 | 1,164,339 | 16.4 | 49% |
| 2022 | 13,242,191 | 12,474,823 | 767,368 | 12.8 | 43% |
| 2023 | 14,877,157 | 14,483,752 | 393,405 | 12.4 | 36% |
In its most recent public year (2023), this organization brought in $393,405 more than it spent. Its reserves stood at about 12.4 months of spending, down from 17.8 in 2020. Staff pay was 36% of spending. $131,274 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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