Fuquay Varina Downtown Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,605 | 82,041 | 7,564 | 5.1 | 0% |
| 2012 | 124,716 | 134,117 | −9,401 | 2.3 | 30% |
| 2013 | 109,429 | 82,929 | 26,500 | 7.5 | 35% |
| 2014 | 173,214 | 156,003 | 17,211 | 5.3 | 40% |
| 2015 | 195,822 | 185,591 | 10,231 | 4.3 | 40% |
| 2016 | 70,879 | 68,721 | 2,158 | 16.9 | 48% |
| 2017 | 119,152 | 143,044 | −23,892 | 6.1 | 50% |
| 2018 | 136,604 | 137,121 | −517 | 6.3 | 54% |
| 2019 | 66,718 | 60,523 | 6,195 | 15.6 | 35% |
| 2020 | 214,785 | 230,157 | −15,372 | 3.3 | 24% |
| 2021 | 110,145 | 81,533 | 28,612 | 13.5 | 45% |
| 2022 | 138,443 | 58,418 | 80,025 | 35.3 | 8% |
| 2023 | 159,829 | 143,665 | 16,164 | 15.7 | 35% |
In its most recent public year (2023), this organization brought in $16,164 more than it spent. Its reserves stood at about 15.7 months of spending, up from 5.1 in 2011. Staff pay was 35% 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
Fuquay Varina Downtown Association'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