Cornelia Hospitality & Tourism Board Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,631 | 25,883 | 30,748 | 23.1 | 0% |
| 2021 | 79,892 | 98,955 | −19,063 | 3.7 | 0% |
| 2022 | 89,261 | 80,698 | 8,563 | 5.8 | 0% |
| 2023 | 99,526 | 89,904 | 9,622 | 6.5 | 0% |
In its most recent public year (2023), this organization brought in $9,622 more than it spent. Its reserves stood at about 6.5 months of spending, down from 23.1 in 2020. 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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