Mckees Point Development Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,621,193 | 100,040 | 2,521,153 | 302.4 | 0% |
| 2021 | 62,651 | 905,975 | −843,324 | 22.2 | 0% |
| 2022 | 500 | 745,484 | −744,984 | 15.0 | 0% |
| 2023 | 39,292 | 386,007 | −346,715 | 18.2 | 0% |
In its most recent public year (2023), this organization spent $346,715 more than it brought in. Its reserves stood at about 18.2 months of spending, down from 302.4 in 2020. Staff pay was 0% of spending. $576,084 of its net assets are donor-restricted.
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
Mckees Point Development Group'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