Greater Local Neighborhoods Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 179,881 | 51,970 | 127,911 | 29.5 | — |
| 2016 | 82,400 | 57,094 | 25,306 | 32.2 | — |
| 2017 | 19,791 | 17,520 | 2,271 | 106.5 | — |
| 2018 | 33,700 | 16,562 | 17,138 | 125.1 | — |
| 2019 | 51,602 | 23,923 | 27,679 | 100.5 | — |
| 2020 | 85,640 | 25,595 | 60,045 | 122.1 | — |
| 2021 | 98,753 | 42,249 | 56,504 | 90.0 | — |
| 2022 | 411,846 | 43,590 | 368,256 | 215.1 | 0% |
| 2023 | 51,000 | 64,485 | −13,485 | 143.0 | 0% |
In its most recent public year (2023), this organization spent $13,485 more than it brought in. Its reserves stood at about 143 months of spending, up from 29.5 in 2015. Staff pay was 0% 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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