Poweshiek Economic Development Collaborative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 87,174 | 20,929 | 66,245 | 237.9 | 28% |
| 2022 | 16,776 | 6,003 | 10,773 | 850.8 | 0% |
| 2023 | 28,722 | 28,088 | 634 | 182.1 | 0% |
In its most recent public year (2023), this organization brought in $634 more than it spent. Its reserves stood at about 182.1 months of spending, down from 237.9 in 2021. 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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