Lewis County Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,771 | 62,250 | −16,479 | -0.3 | 0% |
| 2021 | 78,806 | 66,747 | 12,059 | 1.9 | 0% |
| 2022 | 152,373 | 52,019 | 100,354 | 25.6 | 0% |
| 2023 | 700,558 | 225,645 | 474,913 | 31.2 | 0% |
In its most recent public year (2023), this organization brought in $474,913 more than it spent. Its reserves stood at about 31.2 months of spending, up from -0.3 in 2020. Staff pay was 0% 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
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