Ames Regional Economic Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,807,793 | 2,530,847 | 276,946 | 8.2 | 45% |
| 2021 | 3,329,407 | 2,832,506 | 496,901 | 9.4 | 45% |
| 2022 | 3,265,354 | 3,267,438 | −2,084 | 8.2 | 45% |
| 2023 | 3,702,271 | 3,831,356 | −129,085 | 6.6 | 45% |
In its most recent public year (2023), this organization spent $129,085 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 8.2 in 2020. Staff pay was 45% of spending. $330,901 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works