First National Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 594,183 | 316,033 | 278,150 | 194.8 | 0% |
| 2021 | 588,257 | 317,749 | 270,508 | 201.0 | 0% |
| 2022 | 624,390 | 292,933 | 331,457 | 231.6 | 0% |
| 2023 | 491,174 | 402,638 | 88,536 | 171.1 | 0% |
In its most recent public year (2023), this organization brought in $88,536 more than it spent. Its reserves stood at about 171.1 months of spending, down from 194.8 in 2020. 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
First National 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