Neighborhood Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 395,743 | 360,314 | 35,429 | 5.4 | 0% |
| 2012 | 247,456 | 296,522 | −49,066 | 4.6 | 0% |
| 2013 | 703,233 | 222,301 | 480,932 | 32.1 | 0% |
| 2014 | 994,748 | 207,428 | 787,320 | 80.0 | 0% |
| 2015 | 246,303 | 101,075 | 145,228 | 181.3 | 0% |
| 2016 | 281,484 | 147,322 | 134,162 | 135.3 | 0% |
| 2017 | 313,012 | 89,041 | 223,971 | 254.1 | 0% |
| 2018 | 81,970 | 132,032 | −50,062 | 166.8 | 0% |
| 2019 | −18,933 | 41,113 | −60,046 | 518.2 | 0% |
| 2020 | 24,567 | 9,849 | 14,718 | 2181.1 | 0% |
| 2021 | −301,287 | 46,081 | −347,368 | 375.7 | 0% |
| 2022 | −8,635 | 399,488 | −408,123 | 31.1 | 0% |
| 2023 | −46,120 | 19,771 | −65,891 | 588.0 | 0% |
In its most recent public year (2023), this organization spent $65,891 more than it brought in. Its reserves stood at about 588 months of spending, up from 5.4 in 2011. Staff pay was 0% 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
Neighborhood 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