Downtown North East Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,972 | 51,209 | 6,763 | 4.3 | — |
| 2021 | 8,041 | 10,900 | −2,859 | 16.9 | — |
| 2022 | 117,454 | 19,869 | 97,585 | 68.2 | — |
| 2023 | 35,527 | 100,559 | −65,032 | 5.7 | — |
In its most recent public year (2023), this organization spent $65,032 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 4.3 in 2020.
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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