Downtown Evansville - Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 419,501 | 187,750 | 231,751 | 14.8 | 41% |
| 2020 | 74,338 | 89,618 | −15,280 | 29.0 | — |
| 2021 | 799,107 | 81,067 | 718,040 | 143.1 | 59% |
| 2022 | 2,529,804 | 23,064 | 2,506,740 | 110.2 | 0% |
| 2023 | 78,649 | 58,277 | 20,372 | 44.9 | 0% |
In its most recent public year (2023), this organization brought in $20,372 more than it spent. Its reserves stood at about 44.9 months of spending, up from 14.8 in 2019. 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
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