Downtown Little Rock Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,893 | 71,509 | −26,616 | 8.1 | 51% |
| 2012 | 305,756 | 321,916 | −16,160 | 0.5 | 7% |
| 2013 | 350,530 | 461,289 | −110,759 | -2.5 | 0% |
| 2014 | −34,488 | 12,755 | −47,243 | -136.3 | 0% |
| 2015 | −68,362 | 1,519 | −69,881 | -1696.5 | 0% |
| 2016 | −82,548 | 2,614 | −85,162 | -1376.8 | 0% |
| 2017 | −48,488 | 10,763 | −59,251 | -400.4 | 0% |
| 2018 | −13,636 | 683 | −14,319 | -6561.8 | 0% |
| 2019 | −52,364 | 848 | −53,212 | -6038.0 | 0% |
In its most recent public year (2019), this organization spent $53,212 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6038 months), down from 8.1 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 2019. 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 Little Rock Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2019. 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