Greater Watts Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,726 | 622,704 | −457,978 | -13.1 | — |
| 2012 | 315,623 | 301,963 | 13,660 | -17.8 | 41% |
| 2013 | 615,777 | 239,644 | 376,133 | 34.4 | 52% |
| 2018 | 123,106 | 551,425 | −428,319 | -2.3 | 59% |
| 2019 | 373,831 | 531,673 | −157,842 | -6.0 | 68% |
| 2020 | 427,212 | 331,243 | 95,969 | -6.1 | 66% |
| 2021 | 738,529 | 472,348 | 266,181 | 16.7 | 71% |
| 2022 | 529,000 | 390,958 | 138,042 | 24.5 | 77% |
| 2023 | 0 | 536,328 | −536,328 | 6.3 | 57% |
In its most recent public year (2023), this organization spent $536,328 more than it brought in. Its reserves stood at about 6.3 months of spending, up from -13.1 in 2011. Staff pay was 57% 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
Greater Watts Development Corporation'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