Montgomery County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 137,087 | 100,222 | 36,865 | 16.9 | — |
| 2019 | 152,971 | 121,175 | 31,796 | 17.1 | — |
| 2020 | 143,759 | 120,198 | 23,561 | 19.6 | — |
| 2021 | 71,332 | 85,927 | −14,595 | 25.4 | — |
| 2022 | 100,330 | 100,176 | 154 | 21.8 | — |
| 2023 | 114,907 | 100,678 | 14,229 | 23.4 | — |
| 2024 | 352,095 | 92,589 | 259,506 | 59.1 | 65% |
In its most recent public year (2024), this organization brought in $259,506 more than it spent. Its reserves stood at about 59.1 months of spending, up from 16.9 in 2018. Staff pay was 65% 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 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
Montgomery County Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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