Elizabethtown-Hardin County Industrial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 812,526 | 361,881 | 450,645 | 255.0 | 39% |
| 2020 | 203,812 | 361,143 | −157,331 | 250.3 | 34% |
| 2021 | 1,569,831 | 371,106 | 1,198,725 | 282.3 | 43% |
| 2022 | 3,693,378 | 650,432 | 3,042,946 | 217.2 | 44% |
| 2023 | 1,208,567 | 534,821 | 673,746 | 279.3 | 46% |
In its most recent public year (2023), this organization brought in $673,746 more than it spent. Its reserves stood at about 279.3 months of spending, up from 255 in 2019. Staff pay was 46% 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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