Urban Innovative Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 750 | 0 | 750 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 3,500 | 3,391 | 109 | 4.8 | — |
| 2015 | 2,000 | 1,026 | 974 | 27.3 | — |
| 2016 | 3,900 | 5,933 | −2,033 | 0.6 | — |
| 2017 | 2,000 | 2,000 | 0 | 1.8 | — |
| 2018 | 2,300 | 2,300 | 0 | 1.6 | — |
| 2019 | 2,580 | 2,865 | −285 | 0.1 | — |
| 2020 | 3,000 | 3,000 | 0 | 0.1 | — |
| 2021 | 63,500 | 32,817 | 30,683 | 11.3 | — |
| 2022 | 146,315 | 83,609 | 62,706 | 13.4 | — |
| 2023 | 15,450 | 79,259 | −63,809 | 4.5 | — |
In its most recent public year (2023), this organization spent $63,809 more than it brought in. Its reserves stood at about 4.5 months 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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