Iowa Area Development Group L C
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,385,856 | 1,452,639 | −66,783 | 4.8 | 0% |
| 2022 | 2,307,769 | 1,880,567 | 427,202 | 6.4 | 47% |
| 2023 | 2,341,480 | 1,927,564 | 413,916 | 8.8 | 47% |
In its most recent public year (2023), this organization brought in $413,916 more than it spent. Its reserves stood at about 8.8 months of spending, up from 4.8 in 2021. Staff pay was 47% 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
Iowa Area Development Group L C'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