Food Specialization Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 432 | 118,907 | −118,475 | -12.0 | 0% |
| 2019 | 93,048 | 219,290 | −126,242 | -13.4 | 0% |
| 2020 | 185,666 | 207,714 | −22,048 | -15.4 | 0% |
| 2021 | 185,560 | 196,140 | −10,580 | -17.0 | 0% |
| 2022 | 185,529 | 232,871 | −47,342 | -16.7 | 0% |
| 2023 | 185,522 | 473,453 | −287,931 | -25.1 | 0% |
In its most recent public year (2023), this organization spent $287,931 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.1 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
Food Specialization Redevelopment 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