Greenville Re-Development Coproration
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 18,303,276 | 454,648 | 17,848,628 | 471.1 | 11% |
| 2018 | 1,226,112 | 3,363,853 | −2,137,741 | 56.0 | 6% |
| 2019 | 1,227,498 | 1,696,097 | −468,599 | 107.8 | 12% |
| 2020 | 1,202,130 | 1,949,077 | −746,947 | 89.2 | 11% |
| 2021 | 1,767,760 | 2,437,383 | −669,623 | 78.9 | 11% |
| 2022 | 1,677,439 | 2,822,526 | −1,145,087 | 63.2 | 12% |
| 2023 | 1,826,120 | 2,800,961 | −974,841 | 59.5 | 12% |
In its most recent public year (2023), this organization spent $974,841 more than it brought in. Its reserves stood at about 59.5 months of spending, down from 471.1 in 2017. Staff pay was 12% 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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