Franklin Neighborhood Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 28,000 | 8,748 | 19,252 | 26.4 | — |
| 2015 | 16,780 | 12,956 | 3,824 | 21.4 | — |
| 2016 | 11,676 | 25,291 | −13,615 | 4.5 | — |
| 2017 | 102 | 878 | −776 | 105.5 | — |
| 2018 | 8,998 | 14,163 | −5,165 | 2.2 | — |
| 2019 | 292,673 | 121,476 | 171,197 | 0.0 | 83% |
| 2020 | 465,086 | 334,947 | 130,139 | 8.5 | 36% |
| 2021 | 68,646 | 110,021 | −41,375 | 20.1 | — |
| 2022 | 66,547 | 132,852 | −66,305 | 11.1 | — |
| 2023 | 137,763 | 176,222 | −38,459 | 5.8 | — |
In its most recent public year (2023), this organization spent $38,459 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 26.4 in 2014.
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
Franklin Neighborhood Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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