Grow Southwest Indiana Workforceboard Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,738,324 | 4,747,774 | −9,450 | 0.0 | 0% |
| 2012 | 3,422,308 | 3,412,308 | 10,000 | 0.0 | 0% |
| 2013 | 3,214,677 | 3,171,147 | 43,530 | 0.2 | 0% |
| 2014 | 3,417,860 | 3,440,331 | −22,471 | 0.1 | 13% |
| 2015 | 3,710,991 | 3,686,029 | 24,962 | 0.2 | 12% |
| 2016 | 4,130,760 | 4,153,726 | −22,966 | 0.1 | 10% |
| 2017 | 4,400,058 | 4,286,558 | 113,500 | 0.4 | 9% |
| 2018 | 3,989,086 | 3,972,440 | 16,646 | 0.5 | 10% |
| 2019 | 3,041,091 | 3,100,802 | −59,711 | 0.4 | 13% |
| 2020 | 2,925,484 | 2,653,294 | 272,190 | 1.7 | 12% |
| 2021 | 2,911,281 | 2,925,109 | −13,828 | 1.5 | 11% |
| 2022 | 5,184,269 | 5,024,802 | 159,467 | 1.2 | 8% |
| 2023 | 4,811,080 | 4,826,906 | −15,826 | 1.3 | 9% |
In its most recent public year (2023), this organization spent $15,826 more than it brought in. Its reserves stood at about 1.3 months of spending, up from 0 in 2011. Staff pay was 9% of spending. $490,618 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
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