Target Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,837,710 | 2,309,701 | −471,991 | 3.5 | 16% |
| 2012 | 1,444,806 | 2,072,131 | −627,325 | 0.3 | 34% |
| 2013 | 1,696,155 | 1,629,249 | 66,906 | 0.9 | 26% |
| 2014 | 2,393,937 | 2,048,825 | 345,112 | 2.7 | 28% |
| 2015 | 2,061,352 | 2,441,117 | −379,765 | 0.4 | 40% |
| 2016 | 2,349,598 | 1,840,824 | 508,774 | 3.7 | 68% |
| 2017 | 2,093,660 | 2,365,370 | −271,710 | 1.5 | 66% |
| 2018 | 4,005,550 | 3,429,295 | 576,255 | 3.1 | 45% |
| 2019 | 4,182,067 | 4,183,489 | −1,422 | 2.9 | 34% |
| 2020 | 7,129,614 | 6,875,290 | 254,324 | 2.2 | 73% |
| 2021 | 7,647,665 | 7,292,120 | 355,545 | 1.8 | 89% |
| 2022 | 6,912,230 | 7,277,539 | −365,309 | 1.8 | 74% |
In its most recent public year (2022), this organization spent $365,309 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 3.5 in 2011. Staff pay was 74% 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 2022. 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
Target Area Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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