Norwood Square Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 283,542 | 345,653 | −62,111 | 71.1 | 0% |
| 2012 | 284,958 | 356,613 | −71,655 | 66.5 | 0% |
| 2013 | 283,186 | 359,486 | −76,300 | 63.4 | 0% |
| 2014 | 283,732 | 372,950 | −89,218 | 58.2 | 0% |
| 2015 | 379,725 | 406,992 | −27,267 | 52.6 | 0% |
| 2016 | 286,633 | 385,656 | −99,023 | 52.4 | 0% |
| 2017 | 304,175 | 419,579 | −115,404 | 44.9 | 0% |
| 2018 | 311,283 | 431,465 | −120,182 | 40.3 | 0% |
| 2019 | 360,304 | 434,556 | −74,252 | 37.9 | 0% |
| 2020 | 367,820 | 393,841 | −26,021 | 41.1 | 0% |
| 2021 | 376,136 | 445,531 | −69,395 | 34.4 | 0% |
| 2022 | 379,004 | 507,458 | −128,454 | 27.2 | 0% |
| 2023 | 378,430 | 502,733 | −124,303 | 24.5 | 0% |
In its most recent public year (2023), this organization spent $124,303 more than it brought in. Its reserves stood at about 24.5 months of spending, down from 71.1 in 2011. Staff pay was 0% of spending. $2,786,600 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
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