Joplin Business And Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 490,868 | 453,854 | 37,014 | 5.5 | 0% |
| 2021 | 442,227 | 449,982 | −7,755 | 5.4 | 0% |
| 2022 | 298,595 | 275,252 | 23,343 | 9.8 | 0% |
| 2023 | 300,042 | 225,242 | 74,800 | 16.0 | 60% |
In its most recent public year (2023), this organization brought in $74,800 more than it spent. Its reserves stood at about 16 months of spending, up from 5.5 in 2020. Staff pay was 60% of spending. $261,350 of its net assets are donor-restricted.
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
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