Destiny Towers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 0 | — | — |
| 2011 | −159,004 | 0 | −159,004 | — | — |
| 2012 | −255,937 | 0 | −255,937 | — | — |
| 2013 | −247,975 | 0 | −247,975 | — | — |
| 2014 | −223,254 | 0 | −223,254 | — | — |
| 2015 | −219,700 | 0 | −219,700 | — | — |
| 2016 | −201,715 | 0 | −201,715 | — | — |
| 2017 | −204,351 | 0 | −204,351 | — | — |
| 2018 | −250,268 | 0 | −250,268 | — | — |
| 2019 | −250,567 | 0 | −250,567 | — | — |
| 2020 | −220,038 | 0 | −220,038 | — | — |
| 2021 | 362,667 | 588,246 | −225,579 | -24.6 | 19% |
| 2022 | 421,934 | 604,808 | −182,874 | -27.6 | 16% |
| 2023 | 464,158 | 667,747 | −203,589 | -28.6 | 16% |
In its most recent public year (2023), this organization spent $203,589 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-28.6 months). Staff pay was 16% 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
Destiny Towers 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