East New York Restoration Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 509,479 | 443,848 | 65,631 | 1.8 | 27% |
| 2014 | 528,063 | 548,645 | −20,582 | 1.1 | 21% |
| 2015 | 546,366 | 573,530 | −27,164 | 0.9 | 22% |
| 2016 | 601,398 | 623,281 | −21,883 | 0.6 | 23% |
| 2017 | 700,408 | 681,852 | 18,556 | 1.0 | 26% |
| 2018 | 762,882 | 690,127 | 72,755 | 2.2 | 30% |
| 2019 | 393,079 | 437,128 | −44,049 | 2.3 | 55% |
| 2020 | 496,353 | 511,350 | −14,997 | 1.7 | 64% |
| 2021 | 730,636 | 707,239 | 23,397 | 0.5 | 42% |
| 2022 | 713,844 | 798,672 | −84,828 | 1.0 | 48% |
In its most recent public year (2022), this organization spent $84,828 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 48% of spending. $30,175 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 2022. 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
East New York Restoration Local Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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