everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Bangs Economic Development Corporation Inc

Bangs, TX / EIN 26-1987990 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201335,11753,818−18,70119.8
201436,61010,96825,642125.4
201544,7695,55439,215332.4
201648,4596,56641,893357.8
201747,7704,22843,542679.3
201861,2966,37154,925554.2
201944,8155,29039,525757.1
202052,3704,40047,9701041.1
202159,0644,43254,6321181.5
202269,31612,32256,994480.5
202380,58666,84913,73791.00%

In its most recent public year (2023), this organization brought in $13,737 more than it spent. Its reserves stood at about 91 months of spending, up from 19.8 in 2013. 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 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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