New Markets Tax Credit Coalition
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 595,909 | 581,692 | 14,217 | 0.5 | 0% |
| 2012 | 686,274 | 608,245 | 78,029 | 2.0 | 0% |
| 2013 | 812,554 | 702,216 | 110,338 | 3.6 | 0% |
| 2014 | 825,575 | 733,370 | 92,205 | 5.0 | 0% |
| 2015 | 847,498 | 955,090 | −107,592 | 2.5 | 0% |
| 2016 | 881,554 | 848,268 | 33,286 | 3.3 | 0% |
| 2017 | 939,336 | 994,719 | −55,383 | 2.1 | 0% |
| 2018 | 966,568 | 883,767 | 82,801 | 3.5 | 0% |
| 2019 | 927,939 | 963,461 | −35,522 | 2.8 | 0% |
| 2020 | 934,183 | 883,057 | 51,126 | 3.7 | 0% |
| 2021 | 863,507 | 890,287 | −26,780 | 3.3 | 0% |
| 2022 | 867,475 | 918,332 | −50,857 | 2.6 | 0% |
| 2023 | 980,340 | 918,201 | 62,139 | 3.4 | 0% |
In its most recent public year (2023), this organization brought in $62,139 more than it spent. Its reserves stood at about 3.4 months of spending, up from 0.5 in 2011. 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
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