Observatory Hill Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 52,953 | −52,953 | -12.6 | — |
| 2016 | 175,000 | 95,872 | 79,128 | 2.9 | 0% |
| 2017 | −44,757 | 83,684 | −128,441 | -15.1 | 0% |
| 2018 | −79,652 | 102,194 | −181,846 | -33.7 | 0% |
| 2019 | 58 | 116,903 | −116,845 | -41.4 | 0% |
| 2020 | 369,096 | 113,041 | 256,055 | -15.7 | 0% |
| 2021 | 3 | 125,547 | −125,544 | -26.1 | 0% |
| 2022 | 269,723 | 167,661 | 102,062 | -12.2 | 0% |
| 2023 | 148,725 | 173,356 | −24,631 | -13.5 | 0% |
In its most recent public year (2023), this organization spent $24,631 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.5 months). 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
Observatory Hill Development Corp'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