Downtown Akron Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,331,608 | 1,803,586 | −471,978 | 5.5 | 20% |
| 2021 | 2,254,805 | 2,201,801 | 53,004 | 4.8 | 14% |
| 2022 | 1,495,105 | 1,651,785 | −156,680 | 5.2 | 19% |
| 2023 | 1,958,751 | 1,881,246 | 77,505 | 5.1 | 21% |
In its most recent public year (2023), this organization brought in $77,505 more than it spent. Its reserves stood at about 5.1 months of spending. Staff pay was 21% of spending. $250,935 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
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