Kane Area Revitalization Enterprise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 36,186 | 657 | 35,529 | 2188.5 | — |
| 2016 | −41,485 | 22,238 | −63,723 | 30.3 | — |
| 2017 | −31,093 | 2,299 | −33,392 | 118.5 | — |
| 2018 | 22,386 | 555 | 21,831 | 963.0 | — |
| 2019 | 72,052 | 73,808 | −1,756 | 7.0 | — |
| 2020 | −6,913 | 8,122 | −15,035 | 41.0 | — |
| 2021 | 15,866 | 10,603 | 5,263 | 37.4 | — |
| 2022 | 89,332 | 66,946 | 22,386 | 9.9 | — |
| 2023 | 39,522 | 53,240 | −13,718 | 9.4 | — |
In its most recent public year (2023), this organization spent $13,718 more than it brought in. Its reserves stood at about 9.4 months of spending, down from 2188.5 in 2015.
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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