Coalfield Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 196,145 | 178,768 | 17,377 | 2.0 | — |
| 2013 | 555,620 | 539,194 | 16,426 | 1.0 | 41% |
| 2014 | 1,113,182 | 1,186,718 | −73,536 | -0.3 | 6% |
| 2015 | 1,541,665 | 1,214,355 | 327,310 | 3.0 | 0% |
| 2016 | 2,361,866 | 2,801,437 | −439,571 | -1.7 | 45% |
| 2017 | 4,027,311 | 4,377,940 | −350,629 | 2.2 | 43% |
| 2018 | 5,728,158 | 5,072,452 | 655,706 | 8.7 | 37% |
| 2019 | 5,702,926 | 4,336,026 | 1,366,900 | 15.2 | 38% |
| 2020 | 6,316,554 | 4,068,527 | 2,248,027 | 24.6 | 33% |
| 2021 | 7,130,153 | 5,379,122 | 1,751,031 | 22.5 | 36% |
| 2022 | 14,692,090 | 7,254,683 | 7,437,407 | 29.0 | 39% |
| 2023 | 11,631,513 | 13,129,703 | −1,498,190 | 14.7 | 35% |
In its most recent public year (2023), this organization spent $1,498,190 more than it brought in. Its reserves stood at about 14.7 months of spending, up from 2 in 2012. Staff pay was 35% of spending. $6,156,448 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 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
Coalfield Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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