Downtown Janesville Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,772 | 47,281 | −5,509 | 8.4 | — |
| 2021 | 120,770 | 60,796 | 59,974 | 18.3 | — |
| 2022 | 55,179 | 46,222 | 8,957 | 26.4 | 17% |
| 2023 | 223,000 | 129,517 | 93,483 | 18.1 | 51% |
In its most recent public year (2023), this organization brought in $93,483 more than it spent. Its reserves stood at about 18.1 months of spending, up from 8.4 in 2020. 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
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