Near North Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 461,485 | 325,648 | 135,837 | 29.2 | 36% |
| 2011 | 645,198 | 684,610 | −39,412 | 13.2 | 32% |
| 2012 | 922,864 | 906,620 | 16,244 | 10.2 | 25% |
| 2013 | 924,122 | 959,708 | −35,586 | 9.2 | 22% |
| 2014 | 536,774 | 532,136 | 4,638 | 16.7 | 43% |
| 2015 | 1,309,914 | 1,298,949 | 10,965 | 6.9 | 18% |
| 2016 | 1,759,544 | 715,856 | 1,043,688 | 30.1 | 34% |
| 2017 | 404,468 | 522,002 | −117,534 | 38.3 | 46% |
| 2018 | 1,936,866 | 2,062,539 | −125,673 | 9.0 | 12% |
| 2019 | 329,413 | 507,774 | −178,361 | 32.2 | 49% |
| 2020 | 770,883 | 830,821 | −59,938 | 18.9 | 32% |
| 2021 | 1,646,808 | 573,192 | 1,073,616 | 49.8 | 56% |
| 2022 | 229,574 | 591,788 | −362,214 | 41.0 | 40% |
| 2023 | 1,182,956 | 1,342,657 | −159,701 | 19.3 | 15% |
In its most recent public year (2023), this organization spent $159,701 more than it brought in. Its reserves stood at about 19.3 months of spending, down from 29.2 in 2010. Staff pay was 15% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works