Tigray Development Association In North America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 927,049 | 736,961 | 190,088 | 3.1 | 0% |
| 2012 | 267,492 | 473,003 | −205,511 | 0.0 | 0% |
| 2013 | 44,778 | 43,668 | 1,110 | 0.3 | — |
| 2014 | 30,399 | 30,399 | 0 | 0.0 | — |
| 2015 | 2,996,782 | 1,963,282 | 1,033,500 | 7.9 | 0% |
| 2016 | 1,713,451 | 2,516,885 | −803,434 | 2.3 | 0% |
| 2017 | 354,402 | 617,833 | −263,431 | 4.2 | 0% |
| 2018 | 87,507 | 136,815 | −49,308 | 14.8 | — |
| 2019 | 1,037,962 | 1,103,419 | −65,457 | 0.9 | 0% |
| 2020 | 5,325,281 | 1,387,111 | 3,938,170 | 34.7 | 0% |
| 2021 | 64,772,988 | 54,648,112 | 10,124,876 | 3.1 | 0% |
| 2022 | 35,865,457 | 48,111,145 | −12,245,688 | 0.5 | 0% |
| 2023 | 6,884,276 | 3,920,815 | 2,963,461 | 14.9 | 0% |
In its most recent public year (2023), this organization brought in $2,963,461 more than it spent. Its reserves stood at about 14.9 months of spending, up from 3.1 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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