Downtown Lenoir Development Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 85,343 | 5,263 | 80,080 | 182.6 | — |
| 2024 | 86,653 | 42,061 | 44,592 | 35.6 | — |
In its most recent public year (2024), this organization brought in $44,592 more than it spent. Its reserves stood at about 35.6 months of spending, down from 182.6 in 2023.
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 2024. 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
Downtown Lenoir Development Alliance's IRS filings as a feed — one entry per filing year, through 2024. 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