National Development Foundation Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | −$146,379 | $456,571 | −$602,950 | -130.5 | 95% |
| 2021 | $873,972 | $265,286 | $608,686 | -192.0 | 87% |
| 2022 | −$135,417 | $379,497 | −$514,914 | -146.5 | 94% |
| 2023 | $2,604,928 | $2,830,768 | −$225,840 | -20.6 | 13% |
In its most recent public year (2023), this organization spent $225,840 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.6 months), up from -130.5 in 2020. Staff pay was 13% 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 ↗
Be told when its next filing posts
No account, no email address. A new entry appears through a feed — the quiet technology behind podcasts — that you can add to a reader, Slack, or any automation tool. How following works ↗