Independence Park Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 76,526 | 100,777 | −24,251 | -16.1 | 22% |
| 2013 | 77,583 | 96,239 | −18,656 | -18.8 | 20% |
| 2014 | 74,401 | 99,224 | −24,823 | -20.8 | 16% |
| 2015 | 64,429 | 99,013 | −34,584 | -24.7 | 22% |
| 2016 | 60,302 | 85,847 | −25,545 | -31.7 | 20% |
| 2017 | 63,125 | 97,559 | −34,434 | -31.7 | 18% |
| 2018 | 77,822 | 106,731 | −28,909 | -31.9 | 20% |
| 2019 | 70,086 | 101,359 | −31,273 | -36.9 | 25% |
| 2020 | 79,163 | 95,356 | −16,193 | -41.3 | 21% |
| 2021 | 83,161 | 97,393 | −14,232 | -42.2 | 20% |
| 2022 | 84,980 | 109,834 | −24,854 | -40.1 | 0% |
| 2023 | 88,582 | 112,683 | −24,101 | -41.7 | 20% |
| 2024 | 94,470 | 132,386 | −37,916 | -38.9 | 17% |
In its most recent public year (2024), this organization spent $37,916 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.9 months), down from -16.1 in 2012. Staff pay was 17% 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 2024. 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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