West Indianapolis Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 736,840 | 701,430 | 35,410 | 42.7 | 30% |
| 2012 | 984,867 | 929,390 | 55,477 | 32.9 | 23% |
| 2013 | 692,691 | 694,924 | −2,233 | 44.0 | 31% |
| 2014 | 525,737 | 563,176 | −37,439 | 53.5 | 39% |
| 2015 | 800,073 | 892,284 | −92,211 | 32.5 | 17% |
| 2016 | 829,721 | 939,278 | −109,557 | 29.5 | 19% |
| 2017 | 204,497 | 434,620 | −230,123 | 57.4 | 42% |
| 2018 | 713,618 | 792,914 | −79,296 | 65.7 | 20% |
| 2019 | 661,662 | 934,062 | −272,400 | 53.2 | 15% |
| 2020 | 855,187 | 922,579 | −67,392 | 53.0 | 17% |
| 2021 | 818,119 | 1,008,922 | −190,803 | 46.2 | 15% |
| 2022 | 1,211,993 | 939,472 | 272,521 | 49.6 | 16% |
| 2023 | 410,024 | 1,083,172 | −673,148 | 35.6 | 20% |
In its most recent public year (2023), this organization spent $673,148 more than it brought in. Its reserves stood at about 35.6 months of spending, down from 42.7 in 2011. Staff pay was 20% of spending. $30,000 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
West Indianapolis 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