Downtown Development Corporation Of Peoria
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 113,334 | 112,447 | 887 | 0.1 | — |
| 2015 | 295,520 | 209,879 | 85,641 | 4.9 | 76% |
| 2016 | 374,104 | 276,223 | 97,881 | 15.3 | 59% |
| 2017 | 356,684 | 312,433 | 44,251 | 15.2 | 60% |
| 2018 | 349,343 | 303,424 | 45,919 | 17.5 | 63% |
| 2019 | 1,103,407 | 291,555 | 811,852 | 51.6 | 66% |
| 2020 | 319,548 | 400,727 | −81,179 | 35.1 | 47% |
| 2021 | 307,748 | 325,655 | −17,907 | 42.6 | 56% |
| 2022 | 284,548 | 342,320 | −57,772 | 38.5 | 57% |
| 2023 | 108,510 | 347,202 | −238,692 | 29.7 | 56% |
In its most recent public year (2023), this organization spent $238,692 more than it brought in. Its reserves stood at about 29.7 months of spending, up from 0.1 in 2014. Staff pay was 56% 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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