Mckinney Downtown Business Redevelopment Board Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 393,558 | 446,718 | −53,160 | 7.0 | 1% |
| 2021 | 892,417 | 736,102 | 156,315 | 6.8 | 0% |
| 2022 | 1,220,213 | 1,206,206 | 14,007 | 4.3 | 0% |
| 2023 | 1,265,793 | 1,166,849 | 98,944 | 5.4 | 0% |
In its most recent public year (2023), this organization brought in $98,944 more than it spent. Its reserves stood at about 5.4 months of spending, down from 7 in 2020. Staff pay was 0% 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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