Loveland Development Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 52,500 | 13,551 | 38,949 | 34.5 | — |
| 2014 | 114,000 | 68,195 | 45,805 | 14.9 | — |
| 2015 | 77,500 | 64,422 | 13,078 | 18.2 | — |
| 2016 | 110,185 | 155,201 | −45,016 | 4.1 | — |
| 2017 | 43,500 | 32,047 | 11,453 | 24.1 | — |
| 2018 | 48,850 | 22,395 | 26,455 | 48.6 | — |
| 2019 | 17,688 | 41,065 | −23,377 | 19.7 | — |
| 2020 | 8,800 | 12,618 | −3,818 | 60.4 | — |
| 2021 | 8,983 | 27,127 | −18,144 | 20.1 | — |
| 2022 | 0 | 7,724 | −7,724 | 42.4 | — |
| 2023 | 39,750 | 22,604 | 17,146 | 23.6 | — |
In its most recent public year (2023), this organization brought in $17,146 more than it spent. Its reserves stood at about 23.6 months of spending, down from 34.5 in 2013.
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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