Parkersburg - Wood County Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 266,686 | 207,184 | 59,502 | 61.4 | 56% |
| 2013 | 464,532 | 381,753 | 82,779 | 35.9 | 30% |
| 2014 | 493,175 | 528,016 | −34,841 | 25.2 | 22% |
| 2015 | 831,898 | 775,813 | 56,085 | 18.0 | 15% |
| 2016 | 369,735 | 400,203 | −30,468 | 35.8 | 15% |
| 2017 | 176,168 | 214,847 | −38,679 | 64.6 | 42% |
| 2018 | 288,237 | 240,126 | 48,111 | 60.2 | 53% |
| 2019 | 676,013 | 258,146 | 417,867 | 75.4 | 46% |
| 2020 | 641,578 | 248,442 | 393,136 | 97.3 | 63% |
| 2021 | −1,030,564 | 274,716 | −1,305,280 | 31.0 | 68% |
| 2022 | 241,697 | 267,093 | −25,396 | 30.7 | 71% |
| 2023 | 310,431 | 314,077 | −3,646 | 26.0 | 64% |
In its most recent public year (2023), this organization spent $3,646 more than it brought in. Its reserves stood at about 26 months of spending, down from 61.4 in 2012. Staff pay was 64% 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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