Westover Metropolitan Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,685,163 | 6,880,632 | −2,195,469 | 21.8 | 0% |
| 2012 | 4,871,317 | 2,301,868 | 2,569,449 | 78.5 | 0% |
| 2013 | 4,254,377 | 4,844,537 | −590,160 | 35.8 | 0% |
| 2014 | 3,699,917 | 3,241,070 | 458,847 | 55.3 | 0% |
| 2015 | 2,454,696 | 3,426,011 | −971,315 | 48.9 | 0% |
| 2016 | 2,352,814 | 2,078,447 | 274,367 | 82.2 | 0% |
| 2017 | 3,303,799 | 5,063,723 | −1,759,924 | 29.6 | 0% |
| 2018 | 2,696,911 | 2,005,476 | 691,435 | 78.8 | 0% |
| 2019 | 3,033,245 | 2,354,427 | 678,818 | 70.5 | 0% |
| 2020 | 3,490,102 | 2,163,585 | 1,326,517 | 84.1 | 0% |
| 2021 | 2,810,014 | 2,374,119 | 435,895 | 78.9 | 0% |
| 2022 | 2,539,078 | 2,717,530 | −178,452 | 68.1 | 0% |
| 2023 | 2,702,056 | 2,520,522 | 181,534 | 74.3 | 0% |
In its most recent public year (2023), this organization brought in $181,534 more than it spent. Its reserves stood at about 74.3 months of spending, up from 21.8 in 2011. Staff pay was 0% of spending. $3,907,888 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works