Maxwell Place Waterfront Park Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 282,896 | 71,404 | 211,492 | 35.5 | 0% |
| 2012 | 280,297 | 83,615 | 196,682 | 58.6 | 0% |
| 2013 | 280,645 | 137,693 | 142,952 | 48.0 | 0% |
| 2014 | 289,282 | 108,645 | 180,637 | 80.8 | 0% |
| 2015 | 392,083 | 166,258 | 225,825 | 69.1 | 0% |
| 2016 | 368,947 | 135,767 | 233,180 | 102.6 | 0% |
| 2017 | 369,584 | 122,605 | 246,979 | 137.8 | 0% |
| 2018 | 214,876 | 113,313 | 101,563 | 159.8 | 0% |
| 2019 | 383,019 | 533,924 | −150,905 | 31.9 | 1% |
| 2020 | 387,901 | 370,604 | 17,297 | 46.5 | 7% |
| 2021 | 485,224 | 200,112 | 285,112 | 103.2 | 16% |
| 2022 | 481,634 | 322,149 | 159,485 | 70.0 | 13% |
| 2023 | 560,933 | 209,940 | 350,993 | 127.5 | 21% |
In its most recent public year (2023), this organization brought in $350,993 more than it spent. Its reserves stood at about 127.5 months of spending, up from 35.5 in 2011. Staff pay was 21% 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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