everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Meeker County Development Corporation

Litchfield, MN / EIN 41-1777694 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201121,52332,026−10,503250.10%
201219,16717,2431,924465.80%
201317,30644,670−27,364172.50%
201414,65910,1124,547767.30%
201513,89212,6451,247614.80%
201629,07441,369−12,295177.10%
201715,95213,1362,816573.30%
201815,74821,063−5,315335.30%
201918,75716,2852,472439.70%
202014,25616,578−2,322427.50%
202115,85017,096−1,246413.60%
202211,91216,771−4,859427.90%
202313,15026,859−13,709264.70%

In its most recent public year (2023), this organization spent $13,709 more than it brought in. Its reserves stood at about 264.7 months of spending, up from 250.1 in 2011. Staff pay was 0% of spending. $85,802 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

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