Fort Worth Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 244,722 | 43,025 | 201,697 | 890.5 | 0% |
| 2012 | 172,870 | 47,578 | 125,292 | 836.9 | 0% |
| 2013 | 395,291 | 222,287 | 173,004 | 188.5 | 0% |
| 2014 | 430,454 | 66,586 | 363,868 | 694.7 | 0% |
| 2015 | 808,696 | 233,068 | 575,628 | 228.1 | 0% |
| 2016 | 400,440 | 544,129 | −143,689 | 151.2 | 0% |
| 2017 | 2,194,032 | 3,825,323 | −1,631,291 | 16.4 | 0% |
| 2018 | 9,694,320 | 6,653,313 | 3,041,007 | 14.9 | 0% |
| 2019 | 1,374,966 | 954,876 | 420,090 | 55.5 | 0% |
| 2020 | 1,305,213 | 1,359,385 | −54,172 | 38.5 | 0% |
| 2021 | 9,133,213 | 2,192,093 | 6,941,120 | 61.9 | 0% |
| 2022 | 121,180 | 946,612 | −825,432 | 130.3 | 0% |
| 2023 | 227,239 | 1,301,570 | −1,074,331 | 84.9 | 0% |
In its most recent public year (2023), this organization spent $1,074,331 more than it brought in. Its reserves stood at about 84.9 months of spending, down from 890.5 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
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