Winthrop Opportunities A Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,732 | 10,772 | 15,960 | 485.1 | 0% |
| 2012 | 11,795 | 18,395 | −6,600 | 279.8 | 0% |
| 2013 | 11,220 | 8,496 | 2,724 | 609.6 | 0% |
| 2014 | 20,094 | 9,684 | 10,410 | 547.7 | 0% |
| 2015 | 12,612 | 11,742 | 870 | 452.6 | 0% |
| 2016 | 42,156 | 3,978 | 38,178 | 1451.1 | 0% |
| 2017 | 13,987 | 47,096 | −33,109 | 114.1 | 0% |
| 2018 | 15,728 | 3,946 | 11,782 | 1398.0 | 0% |
| 2019 | 18,044 | 2,633 | 15,411 | 2165.3 | 0% |
| 2020 | 17,158 | 2,691 | 14,467 | 2183.2 | 0% |
| 2021 | 15,216 | 2,417 | 12,799 | 2494.2 | 0% |
| 2022 | 10,929 | 115,549 | −104,620 | 41.3 | 0% |
In its most recent public year (2022), this organization spent $104,620 more than it brought in. Its reserves stood at about 41.3 months of spending, down from 485.1 in 2011. Staff pay was 0% 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
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