Watson Street Management & Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 270,599 | 369,592 | −98,993 | 23.2 | 0% |
| 2018 | 150,575 | 157,857 | −7,282 | 53.7 | 66% |
| 2019 | 485,735 | 664,960 | −179,225 | 9.5 | 85% |
| 2020 | 2,138,554 | 1,121,581 | 1,016,973 | 18.2 | 60% |
| 2021 | 940,025 | 992,917 | −52,892 | 19.9 | 0% |
| 2022 | 1,594,575 | 2,103,507 | −508,932 | 6.5 | 42% |
| 2023 | 1,839,658 | 3,462,925 | −1,623,267 | -0.6 | 24% |
In its most recent public year (2023), this organization spent $1,623,267 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 23.2 in 2017. Staff pay was 24% 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
Watson Street Management & 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