Mid City Redevelopment Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 784,055 | 380,391 | 403,664 | 26.6 | 54% |
| 2012 | 482,364 | 455,847 | 26,517 | 22.9 | 50% |
| 2013 | 482,275 | 538,580 | −56,305 | 18.2 | 45% |
| 2014 | 641,094 | 528,507 | 112,587 | 21.1 | 51% |
| 2015 | 739,022 | 665,901 | 73,121 | 18.0 | 36% |
| 2016 | 919,980 | 946,665 | −26,685 | 11.9 | 32% |
| 2017 | 1,511,737 | 849,462 | 662,275 | 22.6 | 33% |
| 2018 | 1,196,694 | 1,064,858 | 131,836 | 19.6 | 34% |
| 2019 | 1,261,332 | 1,196,640 | 64,692 | 18.0 | 51% |
| 2020 | 1,077,275 | 1,054,451 | 22,824 | 20.7 | 54% |
| 2021 | 1,540,234 | 1,380,711 | 159,523 | 18.5 | 37% |
| 2022 | 991,579 | 1,112,836 | −121,257 | 21.6 | 36% |
| 2023 | 680,117 | 1,027,218 | −347,101 | 22.0 | 42% |
In its most recent public year (2023), this organization spent $347,101 more than it brought in. Its reserves stood at about 22 months of spending, down from 26.6 in 2011. Staff pay was 42% of spending. $99,000 of its net assets are donor-restricted.
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
Mid City Redevelopment Alliance Inc'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