everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Kossuth County Economic Development Corporation

Algona, IA / EIN 42-1463607 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012258,703261,685−2,98233.052%
2013301,510297,2334,27729.251%
2014272,302301,233−28,93127.747%
2015264,461320,720−56,25923.952%
2016255,181300,808−45,62723.653%
2017269,873287,082−17,20924.053%
2018244,266275,720−31,45423.755%
2019267,537281,095−13,55822.655%
2020243,008281,100−38,09221.057%
2021295,213245,57849,63526.552%
2022323,619331,904−8,28518.343%
2023296,412270,71525,69723.654%
2024281,537255,05526,48226.357%

In its most recent public year (2024), this organization brought in $26,482 more than it spent. Its reserves stood at about 26.3 months of spending, down from 33 in 2012. Staff pay was 57% 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

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