Model Cities Properties
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 909,040 | 236 | 908,804 | 62398.4 | 0% |
| 2017 | 1,039,254 | 588,702 | 450,552 | 32.5 | 0% |
| 2018 | 839,571 | 770,263 | 69,308 | 25.9 | 0% |
| 2019 | 599,217 | 824,956 | −225,739 | 16.6 | 0% |
| 2020 | 679,057 | 914,167 | −235,110 | 11.9 | 0% |
| 2021 | 753,626 | 964,254 | −210,628 | 8.7 | 0% |
| 2022 | 732,722 | 1,060,143 | −327,421 | 6.3 | 0% |
| 2023 | 1,236,844 | 1,111,533 | 125,311 | 7.1 | 0% |
In its most recent public year (2023), this organization brought in $125,311 more than it spent. Its reserves stood at about 7.1 months of spending. Staff pay was 0% of spending. $449,127 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
Model Cities Properties'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