Inner Force Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 793,058 | 746,962 | 46,096 | -0.5 | 45% |
| 2011 | 163,439 | 449,269 | −285,830 | -8.5 | — |
| 2012 | 604,408 | 643,850 | −39,442 | -6.7 | 63% |
| 2013 | 429,083 | 429,083 | 0 | -10.0 | 39% |
| 2014 | 521,364 | 446,981 | 74,383 | -7.6 | 60% |
| 2015 | 697,648 | 306,842 | 390,806 | 7.4 | 80% |
| 2016 | 335,289 | 294,646 | 40,643 | 9.4 | 83% |
| 2017 | 233,696 | 316,670 | −82,974 | 5.6 | 82% |
| 2018 | 308,713 | 371,143 | −62,430 | 2.8 | 79% |
| 2019 | 287,342 | 325,392 | −38,050 | 1.7 | 82% |
| 2020 | 139,078 | 219,481 | −80,403 | -1.8 | 88% |
| 2021 | 195,883 | 224,156 | −28,273 | -3.3 | 87% |
| 2022 | 150,865 | 248,943 | −98,078 | -7.7 | 79% |
In its most recent public year (2022), this organization spent $98,078 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.7 months), down from -0.5 in 2010. Staff pay was 79% 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 2022. 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
Inner Force Economic Development Corp's IRS filings as a feed — one entry per filing year, through 2022. 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