Avondale Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 335,577 | 202,488 | 133,089 | 7.9 | 7% |
| 2012 | 340,188 | 291,341 | 48,847 | 7.5 | 41% |
| 2013 | 377,980 | 371,738 | 6,242 | 6.1 | 57% |
| 2014 | 599,657 | 512,856 | 86,801 | 6.4 | 44% |
| 2015 | 538,493 | 563,433 | −24,940 | 5.3 | 43% |
| 2016 | 501,273 | 621,548 | −120,275 | 2.4 | 45% |
| 2017 | 789,583 | 577,253 | 212,330 | 7.0 | 61% |
| 2018 | 645,575 | 738,206 | −92,631 | 4.0 | 55% |
| 2019 | 931,976 | 807,414 | 124,562 | 5.7 | 54% |
| 2020 | 661,145 | 813,220 | −152,075 | 3.4 | 38% |
| 2021 | 1,081,102 | 1,001,703 | 79,399 | 3.6 | 28% |
| 2022 | 1,212,306 | 668,905 | 543,401 | 15.1 | 35% |
| 2023 | 836,223 | 1,500,758 | −664,535 | 1.2 | 29% |
In its most recent public year (2023), this organization spent $664,535 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 7.9 in 2011. Staff pay was 29% of spending. $84,845 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
Avondale 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