Community Development Of Morrison County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 240,886 | 142,709 | 98,177 | 111.7 | 46% |
| 2022 | 189,473 | 147,594 | 41,879 | 111.4 | 43% |
| 2023 | 194,305 | 117,411 | 76,894 | 147.9 | 57% |
| 2024 | 219,271 | 179,065 | 40,206 | 99.6 | 44% |
In its most recent public year (2024), this organization brought in $40,206 more than it spent. Its reserves stood at about 99.6 months of spending, down from 111.7 in 2021. Staff pay was 44% of spending. $28,794 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 2024. 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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