Necog Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 326,501 | 208,853 | 117,648 | 121.8 | 2% |
| 2012 | 193,426 | 28,157 | 165,269 | 910.1 | 13% |
| 2013 | 187,558 | 250,894 | −63,336 | 99.1 | 2% |
| 2014 | 263,218 | 266,440 | −3,222 | 93.2 | 2% |
| 2015 | 226,580 | 111,296 | 115,284 | 235.5 | 3% |
| 2016 | 371,074 | 128,264 | 242,810 | 227.1 | 3% |
| 2017 | 257,012 | 170,915 | 86,097 | 176.4 | 2% |
| 2018 | 230,658 | 270,398 | −39,740 | 109.8 | 1% |
| 2019 | 234,935 | 165,189 | 69,746 | 184.7 | 1% |
| 2020 | 1,810,570 | 237,590 | 1,572,980 | 207.9 | 2% |
| 2021 | 1,010,155 | 380,494 | 629,661 | 149.7 | 1% |
| 2022 | 372,735 | 233,678 | 139,057 | 250.8 | 2% |
| 2023 | 514,731 | 132,885 | 381,846 | 473.1 | 3% |
In its most recent public year (2023), this organization brought in $381,846 more than it spent. Its reserves stood at about 473.1 months of spending, up from 121.8 in 2011. Staff pay was 3% of spending. $3,388,560 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
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