Lower Phalen Creek Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,306 | 6,351 | 49,955 | 94.4 | — |
| 2012 | 102,125 | 73,236 | 28,889 | 12.9 | — |
| 2013 | 103,814 | 134,910 | −31,096 | 4.2 | — |
| 2014 | 450,596 | 373,531 | 77,065 | 4.0 | 64% |
| 2015 | 740,390 | 667,412 | 72,978 | 3.6 | 4% |
| 2016 | 102,015 | 180,333 | −78,318 | 8.0 | 40% |
| 2017 | 201,556 | 201,632 | −76 | 7.1 | 44% |
| 2018 | 1,053,961 | 232,665 | 821,296 | 59.7 | 46% |
| 2019 | 1,076,827 | 232,060 | 844,767 | 103.5 | 48% |
| 2020 | 503,953 | 386,679 | 117,274 | 65.8 | 42% |
| 2021 | 2,848,058 | 701,395 | 2,146,663 | 73.0 | 35% |
| 2022 | 3,622,723 | 613,393 | 3,009,330 | 142.3 | 53% |
| 2023 | 2,283,076 | 1,243,054 | 1,040,022 | 80.3 | 43% |
In its most recent public year (2023), this organization brought in $1,040,022 more than it spent. Its reserves stood at about 80.3 months of spending, down from 94.4 in 2011. Staff pay was 43% of spending. $2,777,832 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
Lower Phalen Creek Project'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