Northwest Tennessee Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,083,612 | 5,027,925 | 55,687 | 1.4 | 21% |
| 2012 | 6,374,079 | 6,352,508 | 21,571 | 1.1 | 17% |
| 2013 | 5,308,541 | 5,293,944 | 14,597 | 1.4 | 23% |
| 2014 | 4,834,332 | 4,874,065 | −39,733 | 0.5 | 24% |
| 2015 | 5,049,177 | 4,982,930 | 66,247 | 0.6 | 24% |
| 2016 | 5,032,664 | 5,053,884 | −21,220 | 0.8 | 25% |
| 2017 | 5,070,214 | 5,102,307 | −32,093 | 0.7 | 25% |
| 2018 | 5,340,035 | 5,319,158 | 20,877 | 0.7 | 26% |
| 2019 | 5,831,733 | 5,880,235 | −48,502 | 0.5 | 26% |
| 2020 | 5,992,887 | 5,956,671 | 36,216 | 0.6 | 27% |
| 2021 | 6,507,898 | 6,494,504 | 13,394 | 0.6 | 25% |
| 2022 | 7,068,049 | 7,082,276 | −14,227 | 0.5 | 24% |
| 2023 | 8,377,125 | 8,588,251 | −211,126 | 0.1 | 21% |
| 2024 | 7,011,076 | 7,176,077 | −165,001 | -0.1 | 25% |
In its most recent public year (2024), this organization spent $165,001 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 1.4 in 2011. Staff pay was 25% 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works