Park Local Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,985 | 29 | 1,956 | 809.4 | 0% |
| 2020 | 19,478 | 12,750 | 6,728 | 8.2 | 0% |
| 2021 | 96,029 | 35,550 | 60,479 | 23.3 | 0% |
| 2022 | 9,359 | 29,725 | −20,366 | 19.7 | 12% |
| 2023 | 1,885 | 24,771 | −22,886 | 12.6 | 0% |
In its most recent public year (2023), this organization spent $22,886 more than it brought in. Its reserves stood at about 12.6 months of spending, down from 809.4 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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