Cushing Economic Developement Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,000 | 99,833 | 18,167 | 45.0 | — |
| 2021 | 115,455 | 136,637 | −21,182 | 33.0 | — |
| 2022 | 120,846 | 120,638 | 208 | 37.0 | — |
| 2023 | 124,806 | 145,340 | −20,534 | 29.0 | — |
In its most recent public year (2023), this organization spent $20,534 more than it brought in. Its reserves stood at about 29 months of spending, down from 45 in 2020.
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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