Nac Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 321,051 | 540,825 | −219,774 | 7.4 | 0% |
| 2013 | 757,809 | 561,451 | 196,358 | 11.3 | 0% |
| 2014 | 513,274 | 134,682 | 378,592 | 80.9 | 0% |
| 2015 | 657,994 | 616,239 | 41,755 | 18.5 | 0% |
| 2016 | 357,313 | 685,702 | −328,389 | 10.9 | 0% |
| 2017 | 929,681 | 405,077 | 524,604 | 34.3 | 0% |
| 2018 | 1,066,903 | 670,928 | 395,975 | 27.8 | 0% |
| 2019 | 563,762 | 704,289 | −140,527 | 24.0 | 0% |
| 2020 | 800,798 | 565,736 | 235,062 | 34.9 | 0% |
| 2021 | 979,250 | 772,257 | 206,993 | 28.8 | 0% |
| 2022 | 976,250 | 953,510 | 22,740 | 23.3 | 0% |
| 2023 | 689,375 | 1,039,628 | −350,253 | 17.2 | 0% |
| 2024 | 789,323 | 722,880 | 66,443 | 25.9 | 0% |
In its most recent public year (2024), this organization brought in $66,443 more than it spent. Its reserves stood at about 25.9 months of spending, up from 7.4 in 2012. Staff pay was 0% of spending. $601,772 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 2024. 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
Nac Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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