Carthage Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 942,889 | 811,998 | 130,891 | 110.5 | 7% |
| 2012 | 550,232 | 770,207 | −219,975 | 113.1 | 6% |
| 2013 | 479,425 | 385,924 | 93,501 | 228.6 | 0% |
| 2014 | 573,102 | 289,484 | 283,618 | 316.5 | 0% |
| 2015 | 413,582 | 341,472 | 72,110 | 269.7 | 0% |
| 2016 | 191,155 | 320,106 | −128,951 | 282.9 | 0% |
| 2017 | 258,402 | 313,134 | −54,732 | 264.4 | 0% |
| 2018 | 250,080 | 303,336 | −53,256 | 270.8 | 0% |
| 2019 | 185,355 | 203,248 | −17,893 | 403.2 | 0% |
| 2020 | 99,613 | 2,808,505 | −2,708,892 | 17.6 | 0% |
| 2021 | 98,446 | 141,111 | −42,665 | 346.7 | 0% |
| 2022 | 240,295 | 128,882 | 111,413 | 390.0 | 0% |
| 2023 | 173,727 | 133,774 | 39,953 | 379.3 | 0% |
In its most recent public year (2023), this organization brought in $39,953 more than it spent. Its reserves stood at about 379.3 months of spending, up from 110.5 in 2011. Staff pay was 0% of spending. $185,668 of its net assets are donor-restricted.
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
Carthage Industrial 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