Armstrong County Industrial Development Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 843,371 | 569,488 | 273,883 | 115.1 | 0% |
| 2012 | −270,321 | 337,339 | −607,660 | 160.9 | 33% |
| 2013 | 363,098 | 392,780 | −29,682 | 137.2 | 36% |
| 2014 | 946,934 | 1,923,620 | −976,686 | 21.9 | 7% |
| 2015 | 1,562,131 | 2,660,757 | −1,098,626 | 10.9 | 5% |
| 2016 | 2,550,775 | 388,454 | 2,162,321 | 170.7 | 34% |
| 2017 | 328,700 | 361,130 | −32,430 | 182.5 | 50% |
| 2018 | 2,156,220 | 2,124,184 | 32,036 | 31.2 | 7% |
| 2019 | 561,240 | 682,204 | −120,964 | 95.0 | 21% |
| 2020 | 685,377 | 650,119 | 35,258 | 100.4 | 20% |
| 2021 | 384,736 | 882,085 | −497,349 | 67.2 | 12% |
| 2022 | 734,767 | 727,609 | 7,158 | 82.5 | 16% |
| 2023 | 2,336,199 | 436,152 | 1,900,047 | 87.6 | 18% |
| 2024 | 1,898,709 | 607,806 | 1,290,903 | 88.3 | 0% |
In its most recent public year (2024), this organization brought in $1,290,903 more than it spent. Its reserves stood at about 88.3 months of spending, down from 115.1 in 2011. 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 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
Armstrong County Industrial Development Council's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works