Island City Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 336 | 123,966 | −123,630 | -12.9 | 0% |
| 2016 | 1,193 | 112,704 | −111,511 | -26.1 | 0% |
| 2017 | 761,698 | 137,915 | 623,783 | 32.9 | 2% |
| 2018 | 837,374 | 159,070 | 678,304 | 79.7 | 0% |
| 2019 | 294,539 | 156,542 | 137,997 | 91.6 | 0% |
| 2020 | 1,291,954 | 150,019 | 1,141,935 | -121.8 | 0% |
| 2021 | 1,604,339 | 203,395 | 1,400,944 | -7.2 | 0% |
| 2022 | 1,974,565 | 233,242 | 1,741,323 | 83.3 | 0% |
| 2023 | 2,334,055 | 348,384 | 1,985,671 | 124.2 | 0% |
In its most recent public year (2023), this organization brought in $1,985,671 more than it spent. Its reserves stood at about 124.2 months of spending. 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
Island City Development'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