Transformative Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 20,366 | 20,366 | 0 | 0.0 | 0% |
| 2017 | 23,900 | 11,703 | 12,197 | 12.5 | 0% |
| 2018 | 284,269 | 145,628 | 138,641 | 12.4 | 28% |
| 2019 | 497,188 | 346,113 | 151,075 | 10.5 | 41% |
| 2020 | 321,557 | 296,533 | 25,024 | 10.5 | 47% |
| 2021 | 336,168 | 278,197 | 57,971 | 13.7 | 45% |
| 2022 | 369,113 | 312,877 | 56,236 | 13.6 | 45% |
| 2023 | 274,508 | 339,626 | −65,118 | 10.6 | 42% |
In its most recent public year (2023), this organization spent $65,118 more than it brought in. Its reserves stood at about 10.6 months of spending, up from 0 in 2016. Staff pay was 42% 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
Transformative 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