Near North Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 494,939 | 513,581 | −18,642 | -3.3 | 38% |
| 2012 | 445,776 | 537,010 | −91,234 | -4.8 | 45% |
| 2013 | 1,470,311 | 592,843 | 877,468 | 14.2 | 45% |
| 2014 | 495,251 | 600,055 | −104,804 | 11.9 | 48% |
| 2015 | 1,757,767 | 600,423 | 1,157,344 | 35.1 | 52% |
| 2016 | 579,214 | 693,838 | −114,624 | 28.4 | 51% |
| 2017 | 611,801 | 644,673 | −32,872 | 31.6 | 60% |
| 2018 | 795,656 | 855,694 | −60,038 | 21.5 | 56% |
| 2019 | 977,909 | 1,159,869 | −181,960 | 15.5 | 47% |
| 2020 | 747,159 | 784,816 | −37,657 | 23.6 | 64% |
| 2021 | 998,063 | 964,376 | 33,687 | 19.7 | 52% |
| 2022 | 918,712 | 906,627 | 12,085 | 18.0 | 48% |
| 2023 | 592,580 | 506,476 | 86,104 | 35.9 | 51% |
In its most recent public year (2023), this organization brought in $86,104 more than it spent. Its reserves stood at about 35.9 months of spending, up from -3.3 in 2011. Staff pay was 51% 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