Spurwink Realty Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 157,793 | 129,958 | 27,835 | -9.3 | 0% |
| 2012 | 157,758 | 139,423 | 18,335 | -7.1 | 0% |
| 2013 | 154,274 | 167,261 | −12,987 | -6.9 | 0% |
| 2014 | 157,543 | 152,635 | 4,908 | -7.1 | 0% |
| 2015 | 156,670 | 156,628 | 42 | -7.0 | 0% |
| 2016 | 157,347 | 151,288 | 6,059 | -6.7 | 0% |
| 2017 | 158,266 | 161,353 | −3,087 | -6.5 | 0% |
| 2018 | 153,782 | 186,914 | −33,132 | -7.8 | 0% |
| 2019 | 163,254 | 179,472 | −16,218 | -9.2 | 0% |
| 2020 | 153,920 | 172,609 | −18,689 | -10.8 | 0% |
| 2021 | 158,297 | 170,800 | −12,503 | -11.8 | 0% |
| 2022 | 161,882 | 182,952 | −21,070 | -12.4 | 0% |
| 2023 | 158,546 | 190,795 | −32,249 | -13.9 | 0% |
In its most recent public year (2023), this organization spent $32,249 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.9 months), down from -9.3 in 2011. 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
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