Allegany Regional Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 416,705 | 389,751 | 26,954 | 7.2 | 58% |
| 2012 | 414,058 | 400,554 | 13,504 | 7.4 | 59% |
| 2013 | 388,740 | 398,127 | −9,387 | 7.2 | 61% |
| 2014 | 407,283 | 378,027 | 29,256 | 8.5 | 59% |
| 2015 | 441,346 | 396,293 | 45,053 | 9.3 | 60% |
| 2016 | 442,843 | 465,857 | −23,014 | 7.3 | 58% |
| 2017 | 400,320 | 440,537 | −40,217 | 6.7 | 60% |
| 2018 | 378,831 | 407,477 | −28,646 | 6.3 | 64% |
| 2019 | 345,261 | 393,156 | −47,895 | 5.1 | 61% |
| 2020 | 223,743 | 239,580 | −15,837 | 7.6 | 66% |
| 2021 | 146,872 | 172,630 | −25,758 | 8.8 | 61% |
| 2022 | 296,216 | 332,444 | −36,228 | 3.2 | 63% |
| 2023 | 215,662 | 264,891 | −49,229 | 1.8 | 65% |
In its most recent public year (2023), this organization spent $49,229 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 7.2 in 2011. Staff pay was 65% 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
Allegany Regional Development Corp'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