Kent Downtown Community Urban Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 111,031 | 29,241 | 81,790 | 30.1 | — |
| 2012 | 75,505 | 77,690 | −2,185 | 7.6 | 0% |
| 2013 | 86,562 | 85,222 | 1,340 | 7.1 | 0% |
| 2014 | 84,658 | 81,952 | 2,706 | 7.8 | 0% |
| 2015 | 80,519 | 79,759 | 760 | 8.1 | 0% |
| 2016 | 67,618 | 62,863 | 4,755 | 11.2 | 0% |
| 2017 | 44,807 | 40,461 | 4,346 | 18.7 | — |
| 2018 | 415 | 4,638 | −4,223 | 152.6 | — |
| 2019 | 12,837 | 13,550 | −713 | 55.7 | — |
| 2020 | 518 | 6,894 | −6,376 | 98.4 | — |
| 2021 | 9,062 | 5,994 | 3,068 | 119.3 | — |
| 2022 | 2,876 | 6,313 | −3,437 | 106.8 | — |
| 2023 | 8,824 | 2,903 | 5,921 | 256.7 | — |
In its most recent public year (2023), this organization brought in $5,921 more than it spent. Its reserves stood at about 256.7 months of spending, up from 30.1 in 2011.
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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