Greater Fall River Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 193,879 | 167,686 | 26,193 | 821.5 | 0% |
| 2013 | 81,437 | 282,900 | −201,463 | 482.5 | 0% |
| 2014 | 164,050 | 320,844 | −156,794 | 424.4 | 0% |
| 2015 | 277,884 | 279,955 | −2,071 | 489.2 | 0% |
| 2016 | 67,645 | 197,943 | −130,298 | 680.9 | 0% |
| 2017 | 253,682 | 697,957 | −444,275 | 188.3 | 0% |
| 2018 | 587,431 | 864,201 | −276,770 | 148.7 | 0% |
| 2019 | 471,147 | 286,244 | 184,903 | 461.7 | 0% |
| 2020 | 355,980 | 497,147 | −141,167 | 257.0 | 0% |
| 2021 | 990,480 | 1,236,368 | −245,888 | 110.2 | 0% |
| 2022 | 716,852 | 315,460 | 401,392 | 406.4 | 0% |
| 2023 | 641,232 | 299,818 | 341,414 | 430.8 | 0% |
In its most recent public year (2023), this organization brought in $341,414 more than it spent. Its reserves stood at about 430.8 months of spending, down from 821.5 in 2012. Staff pay was 0% of spending. $2,130,651 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
Greater Fall River 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