Neighborhood Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,126,306 | 843,773 | 282,533 | 122.5 | 15% |
| 2012 | 1,090,142 | 629,738 | 460,404 | 172.9 | 28% |
| 2013 | 1,314,413 | 2,159,434 | −845,021 | 45.7 | 6% |
| 2014 | 757,514 | 6,232,592 | −5,475,078 | 5.3 | 3% |
| 2015 | 1,428,097 | 1,940,330 | −512,233 | 13.9 | 14% |
| 2017 | 1,890,058 | 1,580,338 | 309,720 | 9.0 | 23% |
| 2018 | 2,751,124 | 1,725,362 | 1,025,762 | 15.4 | 13% |
| 2019 | −391,988 | 1,106,017 | −1,498,005 | 7.7 | 34% |
| 2021 | 2,495,754 | 1,338,719 | 1,157,035 | 17.9 | 19% |
| 2022 | 1,846,921 | 1,468,865 | 378,056 | 19.4 | 21% |
| 2023 | 5,325,092 | 2,689,025 | 2,636,067 | 24.0 | 14% |
In its most recent public year (2023), this organization brought in $2,636,067 more than it spent. Its reserves stood at about 24 months of spending, down from 122.5 in 2011. Staff pay was 14% of spending. $4,652,957 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
Neighborhood Development Corp'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