Science Park Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,388,376 | 4,261,547 | −1,873,171 | -3.1 | 3% |
| 2012 | 3,880,762 | 3,991,617 | −110,855 | -3.7 | 3% |
| 2013 | 3,030,502 | 4,214,317 | −1,183,815 | -6.8 | 3% |
| 2014 | 5,476,299 | 4,294,213 | 1,182,086 | -3.4 | 3% |
| 2015 | 2,705,416 | 4,061,754 | −1,356,338 | -7.6 | 2% |
| 2016 | 2,667,889 | 4,043,572 | −1,375,683 | -11.7 | 2% |
| 2017 | 2,694,139 | 3,973,778 | −1,279,639 | -15.8 | 4% |
| 2018 | 3,597,558 | 4,305,599 | −708,041 | -17.5 | 3% |
| 2019 | 3,278,066 | 4,394,102 | −1,116,036 | -20.2 | 3% |
| 2020 | 3,510,868 | 4,300,456 | −789,588 | -22.8 | 3% |
| 2021 | 3,489,303 | 4,374,838 | −885,535 | -24.9 | 3% |
| 2022 | 3,846,142 | 4,830,027 | −983,885 | -25.0 | 3% |
| 2023 | 3,925,423 | 4,832,646 | −907,223 | -27.2 | 3% |
In its most recent public year (2023), this organization spent $907,223 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27.2 months), down from -3.1 in 2011. Staff pay was 3% 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
Science Park Development Corporation'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