Converse Area New Development Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 222,802 | 281,646 | −58,844 | 106.4 | 33% |
| 2012 | 573,849 | 284,522 | 289,327 | 117.5 | 39% |
| 2013 | 135,682 | 388,064 | −252,382 | 78.3 | 29% |
| 2014 | 130,488 | 268,329 | −137,841 | 107.1 | 42% |
| 2015 | 143,035 | 247,753 | −104,718 | 111.0 | 47% |
| 2016 | 217,848 | 322,457 | −104,609 | 83.5 | 46% |
| 2017 | 266,547 | 371,694 | −105,147 | 69.1 | 55% |
| 2018 | 111,399 | 183,892 | −72,493 | 134.9 | 55% |
| 2019 | 294,893 | 386,328 | −91,435 | 61.4 | 54% |
| 2020 | 311,711 | 382,037 | −70,326 | 59.6 | 60% |
| 2021 | 346,968 | 383,403 | −36,435 | 58.3 | 57% |
| 2022 | 364,463 | 398,777 | −34,314 | 55.0 | 57% |
| 2023 | 311,727 | 408,394 | −96,667 | 51.0 | 58% |
In its most recent public year (2023), this organization spent $96,667 more than it brought in. Its reserves stood at about 51 months of spending, down from 106.4 in 2011. Staff pay was 58% 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
Converse Area New Development Organization Inc'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