Cornwall Iron Furnace Associates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 45,120 | 27,079 | 18,041 | 37.4 | 46% |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 28,416 | 36,659 | −8,243 | 24.2 | 38% |
| 2015 | 40,851 | 38,769 | 2,082 | 23.5 | 30% |
| 2016 | 38,498 | 25,925 | 12,573 | 41.0 | 39% |
| 2017 | 36,158 | 35,798 | 360 | 29.8 | 43% |
| 2018 | 33,779 | 31,471 | 2,308 | 34.8 | 47% |
| 2019 | 31,487 | 26,718 | 4,769 | 43.1 | 53% |
| 2020 | 31,346 | 22,763 | 8,583 | 55.1 | 51% |
| 2021 | 15,943 | 21,931 | −5,988 | 53.9 | 45% |
| 2022 | 17,425 | 17,639 | −214 | 66.9 | 42% |
| 2023 | 32,137 | 25,954 | 6,183 | 48.3 | 30% |
| 2024 | 40,297 | 28,263 | 12,034 | 49.5 | 37% |
In its most recent public year (2024), this organization brought in $12,034 more than it spent. Its reserves stood at about 49.5 months of spending, up from 37.4 in 2012. Staff pay was 37% of spending. $3,862 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 2024. 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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