Downtown Mt Vernon Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 125,114 | 96,607 | 28,507 | 4.9 | — |
| 2015 | 121,017 | 95,731 | 25,286 | 8.1 | — |
| 2016 | 118,488 | 92,503 | 25,985 | 11.8 | — |
| 2017 | 63,124 | 95,699 | −32,575 | 7.3 | — |
| 2018 | 77,685 | 57,454 | 20,231 | 16.4 | — |
| 2019 | 79,968 | 58,421 | 21,547 | 20.5 | — |
| 2020 | 77,771 | 81,944 | −4,173 | 14.0 | — |
| 2021 | 118,570 | 94,623 | 23,947 | 15.2 | — |
| 2022 | 91,056 | 93,166 | −2,110 | 15.2 | — |
| 2023 | 410 | 14,893 | −14,483 | 83.1 | — |
| 2024 | 2,242 | 9,158 | −6,916 | 126.1 | — |
In its most recent public year (2024), this organization spent $6,916 more than it brought in. Its reserves stood at about 126.1 months of spending, up from 4.9 in 2014.
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
Downtown Mt Vernon Development Corporation'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