Parkside Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 71,611 | 38,190 | 33,421 | 21.7 | 0% |
| 2022 | 107,619 | 68,552 | 39,067 | 18.3 | 0% |
| 2023 | 71,686 | 79,155 | −7,469 | 14.3 | — |
In its most recent public year (2023), this organization spent $7,469 more than it brought in. Its reserves stood at about 14.3 months of spending, down from 21.7 in 2021.
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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