Valley Development Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 510,292 | 400,599 | 109,693 | 83.2 | 0% |
| 2012 | 618,988 | 515,392 | 103,596 | 67.1 | 0% |
| 2013 | 358,582 | 286,752 | 71,830 | 123.6 | 0% |
| 2014 | 382,461 | 330,582 | 51,879 | 109.1 | 0% |
| 2015 | 245,106 | 155,299 | 89,807 | 462.7 | 0% |
| 2016 | 220,740 | 174,747 | 45,993 | 408.4 | 0% |
| 2017 | 264,431 | 213,014 | 51,417 | 336.9 | 0% |
| 2018 | 286,780 | 211,545 | 75,235 | 343.5 | 0% |
| 2019 | 296,477 | 353,421 | −56,944 | 200.6 | 0% |
| 2020 | 396,099 | 397,078 | −979 | 178.6 | 0% |
| 2021 | 336,935 | 375,436 | −38,501 | 187.6 | 0% |
| 2022 | 191,112 | 361,742 | −170,630 | 197.7 | 0% |
| 2023 | 319,865 | 473,460 | −153,595 | 146.3 | 0% |
In its most recent public year (2023), this organization spent $153,595 more than it brought in. Its reserves stood at about 146.3 months of spending, up from 83.2 in 2011. 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
Valley Development Initiatives'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