Norton Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,730,661 | 8,645,969 | −1,915,308 | 18.8 | 6% |
| 2012 | 28,522,275 | 29,988,575 | −1,466,300 | 4.8 | 2% |
| 2013 | 29,082,338 | 31,673,357 | −2,591,019 | 3.6 | 1% |
| 2014 | 32,594,051 | 36,400,380 | −3,806,329 | 1.9 | 1% |
| 2015 | 34,488,543 | 38,931,122 | −4,442,579 | 0.4 | 1% |
| 2016 | 36,611,934 | 40,596,882 | −3,984,948 | -0.8 | 2% |
| 2017 | 40,282,179 | 42,959,810 | −2,677,631 | -1.5 | 1% |
| 2018 | 43,799,720 | 56,138,192 | −12,338,472 | -3.8 | 1% |
| 2019 | 46,820,195 | 60,683,652 | −13,863,457 | -6.3 | 2% |
| 2020 | 53,239,643 | 67,117,997 | −13,878,354 | -8.1 | 2% |
| 2021 | 60,233,665 | 70,329,224 | −10,095,559 | -9.5 | 2% |
| 2022 | 61,245,122 | 73,863,181 | −12,618,059 | -11.1 | 2% |
| 2023 | 65,980,791 | 77,990,224 | −12,009,433 | -12.3 | 2% |
In its most recent public year (2023), this organization spent $12,009,433 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.3 months), down from 18.8 in 2011. Staff pay was 2% 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
Norton Properties Inc'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