Twin Cities Development Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 662,789 | 783,137 | −120,348 | 9.3 | 39% |
| 2012 | 334,474 | 397,598 | −63,124 | 16.7 | 62% |
| 2013 | 484,848 | 479,696 | 5,152 | 14.0 | 61% |
| 2014 | 437,192 | 370,085 | 67,107 | 20.3 | 53% |
| 2015 | 491,958 | 379,041 | 112,917 | 23.3 | 50% |
| 2016 | 519,514 | 412,632 | 106,882 | 24.5 | 42% |
| 2017 | 693,449 | 577,298 | 116,151 | 19.9 | 35% |
| 2018 | 654,296 | 575,251 | 79,045 | 21.7 | 32% |
| 2019 | 848,904 | 593,547 | 255,357 | 26.2 | 35% |
| 2020 | 792,760 | 678,619 | 114,141 | 24.9 | 38% |
| 2021 | 1,494,060 | 387,081 | 1,106,979 | 78.0 | 43% |
| 2022 | 1,871,024 | 553,783 | 1,317,241 | 83.0 | 56% |
| 2023 | 2,490,130 | 646,061 | 1,844,069 | 105.4 | 50% |
In its most recent public year (2023), this organization brought in $1,844,069 more than it spent. Its reserves stood at about 105.4 months of spending, up from 9.3 in 2011. Staff pay was 50% of spending. $1,843,832 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
Twin Cities Development Association Inc'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