Downtown Kannapolis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,168 | 4,191 | 1,977 | 5.7 | — |
| 2013 | 17,311 | 2,001 | 15,310 | 103.7 | — |
| 2014 | 16,630 | 1,671 | 14,959 | 231.6 | — |
| 2015 | 26,978 | 14,080 | 12,898 | 38.5 | — |
| 2016 | 6,965 | 16,947 | −9,982 | 24.9 | — |
| 2017 | 113 | 4,332 | −4,219 | 85.7 | — |
| 2018 | 14 | 1,470 | −1,456 | 240.7 | — |
| 2019 | 13 | 100 | −87 | 3528.0 | — |
| 2020 | 14 | 100 | −86 | 3517.7 | — |
| 2021 | 15 | 100 | −85 | 3507.5 | — |
| 2022 | 14 | 100 | −86 | 3497.2 | — |
| 2023 | 13 | 150 | −137 | 2320.5 | — |
| 2024 | 14 | 825 | −811 | 410.1 | — |
In its most recent public year (2024), this organization spent $811 more than it brought in. Its reserves stood at about 410.1 months of spending, up from 5.7 in 2012.
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 2024. 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