Carroll Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 180,262 | 176,849 | 3,413 | 1.9 | 53% |
| 2012 | 197,619 | 187,125 | 10,494 | 2.5 | 52% |
| 2013 | 193,812 | 173,624 | 20,188 | 4.1 | 52% |
| 2014 | 202,568 | 176,375 | 26,193 | 5.8 | 0% |
| 2015 | 219,548 | 202,844 | 16,704 | 6.0 | 0% |
| 2016 | 230,845 | 196,668 | 34,177 | 8.3 | 0% |
| 2017 | 221,605 | 222,707 | −1,102 | 7.3 | 0% |
| 2018 | 227,458 | 227,197 | 261 | 7.1 | 0% |
| 2019 | 228,736 | 218,878 | 9,858 | 7.9 | 0% |
| 2020 | 284,289 | 226,541 | 57,748 | 10.7 | 0% |
| 2021 | 240,794 | 235,111 | 5,683 | 10.6 | 0% |
| 2022 | 288,065 | 299,654 | −11,589 | 7.9 | 0% |
| 2023 | 383,103 | 358,539 | 24,564 | 7.4 | 0% |
In its most recent public year (2023), this organization brought in $24,564 more than it spent. Its reserves stood at about 7.4 months of spending, up from 1.9 in 2011. Staff pay was 0% 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
Carroll Area 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