Powell Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 56,608 | 23,129 | 33,479 | 41.5 | — |
| 2016 | 66,423 | 43,079 | 23,344 | 28.8 | — |
| 2017 | 48,859 | 27,909 | 20,950 | 53.5 | — |
| 2018 | 28,600 | 22,213 | 6,387 | 70.6 | — |
| 2019 | 26,572 | 63,735 | −37,163 | 17.6 | — |
| 2020 | 306,100 | 163,051 | 143,049 | 17.4 | 0% |
| 2021 | 27,500 | 99,413 | −71,913 | 19.9 | 0% |
| 2022 | 361,050 | 57,157 | 303,893 | 98.4 | 0% |
| 2023 | 678,344 | 93,276 | 585,068 | 135.6 | 0% |
In its most recent public year (2023), this organization brought in $585,068 more than it spent. Its reserves stood at about 135.6 months of spending, up from 41.5 in 2015. Staff pay was 0% 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
Powell Development Corporation'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