Neighborhood Development Associates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 535,643 | 270,508 | 265,135 | 186.0 | 0% |
| 2021 | 725,400 | 556,070 | 169,330 | 94.2 | 0% |
| 2022 | 2,444,717 | 264,144 | 2,180,573 | 297.3 | 0% |
| 2023 | 2,937,689 | 2,989,554 | −51,865 | 24.0 | 6% |
In its most recent public year (2023), this organization spent $51,865 more than it brought in. Its reserves stood at about 24 months of spending, down from 186 in 2020. Staff pay was 6% of spending.
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
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