Park Falls Area Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,495 | 62,325 | 5,170 | 16.3 | 70% |
| 2012 | 69,244 | 64,907 | 4,337 | 16.4 | 71% |
| 2013 | 77,955 | 77,733 | 222 | 13.8 | 60% |
| 2014 | 74,408 | 74,729 | −321 | 14.3 | 58% |
| 2015 | 65,766 | 62,144 | 3,622 | 17.8 | 68% |
| 2016 | 71,864 | 68,813 | 3,051 | 16.6 | 65% |
| 2017 | 63,465 | 64,842 | −1,377 | 17.4 | 70% |
| 2018 | 63,239 | 86,767 | −23,528 | 9.8 | 54% |
| 2019 | 71,338 | 67,074 | 4,264 | 13.4 | 70% |
| 2020 | 81,722 | 67,076 | 14,646 | 16.0 | 71% |
| 2021 | 70,211 | 64,125 | 6,086 | 17.9 | — |
| 2022 | 36,613 | 27,470 | 9,143 | 45.7 | — |
| 2023 | 32,294 | 20,397 | 11,897 | 68.6 | — |
In its most recent public year (2023), this organization brought in $11,897 more than it spent. Its reserves stood at about 68.6 months of spending, up from 16.3 in 2011.
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
Park Falls Area Community 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