Polk City Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 121,802 | 123,875 | −2,073 | 0.1 | — |
| 2012 | 120,345 | 120,400 | −55 | 0.1 | — |
| 2013 | 163,225 | 118,456 | 44,769 | 4.6 | — |
| 2014 | 123,675 | 110,369 | 13,306 | 6.4 | — |
| 2015 | 117,548 | 113,760 | 3,788 | 6.6 | — |
| 2016 | 82,220 | 131,220 | −49,000 | 1.3 | — |
| 2017 | 160,659 | 164,491 | −3,832 | 0.7 | — |
| 2018 | 197,349 | 174,978 | 22,371 | 2.2 | — |
| 2019 | 278,626 | 204,995 | 73,631 | 6.2 | 12% |
| 2020 | 60,882 | 105,937 | −45,055 | 6.9 | — |
| 2021 | 237,529 | 131,783 | 105,746 | 15.2 | 28% |
| 2022 | 60,309 | 125,740 | −65,431 | 11.4 | — |
| 2023 | 193,380 | 177,363 | 16,017 | 9.2 | — |
In its most recent public year (2023), this organization brought in $16,017 more than it spent. Its reserves stood at about 9.2 months of spending, up from 0.1 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
Polk City 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