Mills County Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 440,758 | 385,552 | 55,206 | 5.0 | 22% |
| 2019 | 273,153 | 234,008 | 39,145 | 10.2 | 42% |
| 2020 | 338,058 | 210,535 | 127,523 | 18.6 | 48% |
| 2021 | 289,349 | 244,368 | 44,981 | 18.3 | 41% |
| 2022 | 228,822 | 181,117 | 47,705 | 27.8 | 12% |
| 2023 | 305,606 | 265,177 | 40,429 | 20.8 | 45% |
In its most recent public year (2023), this organization brought in $40,429 more than it spent. Its reserves stood at about 20.8 months of spending, up from 5 in 2018. Staff pay was 45% 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
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