Northern Kentucky Area Developement District
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,968,135 | 17,465,789 | 502,346 | 1.3 | 16% |
| 2012 | 16,916,745 | 16,658,729 | 258,016 | 1.6 | 17% |
| 2013 | 17,088,686 | 16,585,421 | 503,265 | 2.0 | 18% |
| 2014 | 17,992,672 | 17,699,195 | 293,477 | 2.0 | 18% |
| 2015 | 17,696,322 | 17,301,559 | 394,763 | -0.7 | 19% |
| 2016 | 17,843,025 | 18,047,881 | −204,856 | -0.9 | 19% |
| 2017 | 18,486,361 | 18,803,535 | −317,174 | -1.1 | 17% |
| 2018 | 18,994,264 | 19,707,782 | −713,518 | -2.6 | 16% |
| 2019 | 18,944,692 | 19,883,093 | −938,401 | -3.1 | 16% |
| 2020 | 20,054,674 | 21,260,418 | −1,205,744 | -4.0 | 15% |
| 2021 | 22,665,978 | 22,532,557 | 133,421 | -3.7 | 15% |
| 2022 | 23,919,138 | 23,478,650 | 440,488 | -3.3 | 14% |
| 2023 | 29,907,326 | 29,138,597 | 768,729 | -2.3 | 11% |
| 2024 | 36,222,495 | 34,849,019 | 1,373,476 | -1.5 | 11% |
In its most recent public year (2024), this organization brought in $1,373,476 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 1.3 in 2011. Staff pay was 11% of spending. $1,150,916 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 2024. 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
Northern Kentucky Area Developement District's IRS filings as a feed — one entry per filing year, through 2024. 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