Turnstone Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,252,536 | 9,962,332 | −2,709,796 | 12.0 | 3% |
| 2012 | 1,465,335 | 544,780 | 920,555 | 223.1 | 61% |
| 2013 | 697,364 | 726,865 | −29,501 | 166.7 | 61% |
| 2014 | 367,073 | 980,777 | −613,704 | 116.8 | 53% |
| 2015 | 1,645,640 | 773,164 | 872,476 | 160.7 | 67% |
| 2016 | 5,295,381 | 1,198,975 | 4,096,406 | 145.0 | 53% |
| 2017 | 617,447 | 1,690,962 | −1,073,515 | 92.4 | 43% |
| 2018 | 672,299 | 1,081,581 | −409,282 | 140.0 | 50% |
| 2019 | 4,378,945 | 1,332,404 | 3,046,541 | 141.1 | 41% |
| 2020 | 1,396,225 | 1,514,290 | −118,065 | 123.2 | 39% |
| 2021 | 782,300 | 1,371,551 | −589,251 | 130.8 | 46% |
| 2022 | 8,199,572 | 1,622,745 | 6,576,827 | 149.6 | 66% |
| 2023 | 4,740,964 | 1,596,114 | 3,144,850 | 193.1 | 41% |
In its most recent public year (2023), this organization brought in $3,144,850 more than it spent. Its reserves stood at about 193.1 months of spending, up from 12 in 2011. Staff pay was 41% 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
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