Greensboro Downtown Parks Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 347,241 | 425,038 | −77,797 | -2.2 | 43% |
| 2017 | 815,157 | 686,136 | 129,021 | 1.0 | 28% |
| 2018 | 805,787 | 827,744 | −21,957 | 0.7 | 35% |
| 2019 | 873,437 | 894,924 | −21,487 | 0.4 | 36% |
| 2020 | 698,463 | 674,407 | 24,056 | 0.9 | 49% |
| 2021 | 877,987 | 781,974 | 96,013 | 2.3 | 45% |
| 2022 | 830,493 | 981,346 | −150,853 | -0.0 | 43% |
| 2023 | 797,040 | 743,121 | 53,919 | 0.8 | 57% |
In its most recent public year (2023), this organization brought in $53,919 more than it spent. Its reserves stood at about 0.8 months of spending, up from -2.2 in 2016. Staff pay was 57% of spending. $7,953 of its net assets are donor-restricted.
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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