Downtown Development Association Of Lincolnton Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,836 | 71,739 | −9,903 | 27.1 | 0% |
| 2012 | 91,203 | 73,369 | 17,834 | 29.4 | 0% |
| 2014 | 93,638 | 84,410 | 9,228 | 26.8 | 0% |
| 2015 | 104,092 | 89,604 | 14,488 | 27.2 | 0% |
| 2016 | 130,334 | 111,442 | 18,892 | 23.9 | 0% |
| 2017 | 212,512 | 141,625 | 70,887 | 24.8 | 26% |
| 2018 | 139,926 | 110,007 | 29,919 | 35.2 | 23% |
| 2019 | 85,189 | 124,489 | −39,300 | 27.3 | — |
| 2020 | 8,289 | 63,644 | −55,355 | 43.0 | — |
| 2021 | 63,569 | 77,373 | −13,804 | 33.3 | — |
| 2022 | 84,005 | 144,274 | −60,269 | 12.8 | — |
| 2023 | 100,219 | 107,297 | −7,078 | 16.4 | — |
In its most recent public year (2023), this organization spent $7,078 more than it brought in. Its reserves stood at about 16.4 months of spending, down from 27.1 in 2011.
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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