Shaker Heights Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 518,983 | 154,511 | 364,472 | 40.7 | 0% |
| 2013 | 148,609 | 163,018 | −14,409 | 36.9 | 0% |
| 2014 | 141,889 | 235,898 | −94,009 | 20.7 | 0% |
| 2015 | 157,775 | 220,390 | −62,615 | 18.8 | 28% |
| 2016 | 313,188 | 208,161 | 105,027 | 26.1 | 33% |
| 2017 | 167,994 | 257,065 | −89,071 | 16.9 | — |
| 2018 | 342,374 | 271,742 | 70,632 | 19.1 | 29% |
| 2019 | 462,670 | 352,112 | 110,558 | 18.5 | 26% |
| 2020 | 433,361 | 309,541 | 123,820 | 25.9 | 28% |
| 2021 | 633,735 | 300,685 | 333,050 | 39.9 | 28% |
| 2022 | 363,023 | 319,713 | 43,310 | 39.2 | 26% |
| 2023 | 298,199 | 356,184 | −57,985 | 33.2 | 23% |
In its most recent public year (2023), this organization spent $57,985 more than it brought in. Its reserves stood at about 33.2 months of spending, down from 40.7 in 2012. Staff pay was 23% of spending. $92,803 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
Shaker Heights Development Corp'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