Northfield Downtown Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 98,960 | 95,596 | 3,364 | 1.6 | — |
| 2012 | 86,033 | 93,577 | −7,544 | 0.7 | — |
| 2013 | 77,325 | 86,305 | −8,980 | -0.5 | — |
| 2014 | 78,159 | 65,339 | 12,820 | 1.7 | — |
| 2015 | 53,004 | 45,917 | 7,087 | 4.2 | — |
| 2016 | 53,203 | 38,686 | 14,517 | 9.5 | — |
| 2017 | 40,579 | 50,276 | −9,697 | 5.0 | — |
| 2018 | 57,088 | 56,204 | 884 | 4.7 | — |
| 2019 | 68,499 | 62,934 | 5,565 | 5.2 | — |
| 2020 | 96,021 | 93,209 | 2,812 | 3.9 | — |
| 2021 | 91,344 | 71,458 | 19,886 | 8.4 | — |
| 2022 | 10,167 | 30,746 | −20,579 | 11.6 | — |
| 2023 | 44,488 | 53,416 | −8,928 | 4.7 | — |
In its most recent public year (2023), this organization spent $8,928 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 1.6 in 2011.
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
Northfield Downtown Development Corporation'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