Great Northern Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 651,090 | 683,383 | −32,293 | 24.5 | 34% |
| 2012 | 940,458 | 857,650 | 82,808 | 20.3 | 29% |
| 2013 | 979,790 | 1,000,587 | −20,797 | 17.2 | 26% |
| 2014 | 948,761 | 916,729 | 32,032 | 19.2 | 35% |
| 2015 | 1,133,965 | 1,085,335 | 48,630 | 16.7 | 26% |
| 2016 | 910,367 | 868,063 | 42,304 | 21.5 | 31% |
| 2017 | 548,407 | 628,472 | −80,065 | 28.2 | 37% |
| 2018 | 892,560 | 870,900 | 21,660 | 20.7 | 28% |
| 2019 | 670,681 | 697,585 | −26,904 | 25.7 | 42% |
| 2020 | 838,045 | 830,271 | 7,774 | 21.5 | 38% |
| 2021 | 1,327,570 | 879,266 | 448,304 | 26.5 | 42% |
| 2022 | 1,261,613 | 968,067 | 293,546 | 27.7 | 26% |
| 2023 | 1,146,929 | 1,018,701 | 128,228 | 27.8 | 40% |
In its most recent public year (2023), this organization brought in $128,228 more than it spent. Its reserves stood at about 27.8 months of spending, up from 24.5 in 2011. Staff pay was 40% of spending. $889,744 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
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