East Akron Neighborhood Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,989,172 | 5,731,288 | 2,257,884 | 23.7 | 24% |
| 2012 | 7,035,907 | 6,234,114 | 801,793 | 24.4 | 20% |
| 2013 | 6,878,231 | 5,793,794 | 1,084,437 | 26.7 | 18% |
| 2014 | 5,508,694 | 4,347,097 | 1,161,597 | 39.4 | 28% |
| 2015 | 4,740,529 | 4,446,337 | 294,192 | 39.6 | 26% |
| 2016 | 5,008,600 | 3,874,591 | 1,134,009 | 48.7 | 33% |
| 2017 | 4,918,075 | 4,056,391 | 861,684 | 48.9 | 30% |
| 2018 | 3,708,521 | 3,547,956 | 160,565 | 56.4 | 34% |
| 2019 | 3,808,248 | 3,375,660 | 432,588 | 62.2 | 33% |
| 2020 | 5,375,956 | 4,068,695 | 1,307,261 | 45.6 | 30% |
| 2021 | 4,723,818 | 3,521,950 | 1,201,868 | 56.3 | 37% |
| 2022 | 3,620,171 | 3,323,954 | 296,217 | 60.7 | 40% |
| 2023 | 6,136,803 | 4,268,914 | 1,867,889 | 52.5 | 33% |
In its most recent public year (2023), this organization brought in $1,867,889 more than it spent. Its reserves stood at about 52.5 months of spending, up from 23.7 in 2011. Staff pay was 33% of spending. $3,626,842 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
East Akron Neighborhood 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