Victory Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | −28 | 0 | −28 | — | — |
| 2009 | −30 | 0 | −30 | — | — |
| 2012 | −9 | 0 | −9 | — | — |
| 2013 | 709 | 0 | 709 | — | — |
| 2014 | 348 | 94,973 | −94,625 | 67.3 | 0% |
| 2015 | 293 | 1,700 | −1,407 | 3749.5 | 0% |
| 2016 | 1,075 | 3,203 | −2,128 | 1982.1 | 0% |
| 2017 | −202,312 | 4,300 | −206,612 | 899.8 | 0% |
| 2018 | −216,205 | 4,178 | −220,383 | 293.1 | 0% |
| 2019 | −63,438 | 4,282 | −67,720 | 96.2 | 0% |
| 2020 | −171,341 | 4,410 | −175,751 | -384.8 | 0% |
| 2021 | −172,054 | 3,842 | −175,896 | -991.1 | 0% |
| 2022 | 6,322 | 5,674 | 648 | -669.7 | 0% |
| 2023 | 19,902 | 3,733 | 16,169 | -966.0 | 0% |
In its most recent public year (2023), this organization brought in $16,169 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-966 months). 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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