Greater Winston-Salem Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 503,674 | 596,512 | −92,838 | 36.9 | 44% |
| 2011 | 505,020 | 548,739 | −43,719 | 39.2 | 55% |
| 2012 | 716,494 | 596,353 | 120,141 | 38.5 | 51% |
| 2013 | 729,878 | 609,884 | 119,994 | 40.0 | 54% |
| 2014 | 709,431 | 584,357 | 125,074 | 44.3 | 53% |
| 2015 | 647,469 | 623,822 | 23,647 | 42.0 | 53% |
| 2016 | 714,071 | 673,149 | 40,922 | 39.6 | 52% |
| 2017 | 707,196 | 678,716 | 28,480 | 39.8 | 53% |
| 2018 | 1,167,246 | 675,303 | 491,943 | 48.7 | 53% |
| 2019 | 939,883 | 829,077 | 110,806 | 41.3 | 47% |
| 2020 | 454,726 | 1,547,098 | −1,092,372 | 13.7 | 52% |
| 2021 | 628,246 | 1,042,946 | −414,700 | 15.6 | 42% |
| 2022 | 791,137 | 808,007 | −16,870 | 19.3 | 55% |
| 2023 | 1,620,487 | 909,476 | 711,011 | 26.8 | 61% |
In its most recent public year (2023), this organization brought in $711,011 more than it spent. Its reserves stood at about 26.8 months of spending, down from 36.9 in 2010. Staff pay was 61% of spending. $820,260 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
Greater Winston-Salem Development Corp'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