Fulton Area Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 107,696 | 120,912 | −13,216 | 11.2 | 65% |
| 2012 | 104,353 | 120,149 | −15,796 | 9.7 | 67% |
| 2013 | 120,312 | 118,039 | 2,273 | 10.1 | 69% |
| 2014 | 277,711 | 228,396 | 49,315 | 7.8 | 36% |
| 2015 | 315,856 | 294,407 | 21,449 | 6.9 | 29% |
| 2016 | 66,336 | 52,871 | 13,465 | 41.7 | 0% |
| 2017 | 95,648 | 125,291 | −29,643 | 14.7 | 0% |
| 2018 | 51,198 | 56,001 | −4,803 | 32.0 | 0% |
| 2019 | 61,574 | 70,338 | −8,764 | 24.0 | 0% |
| 2020 | 110,126 | 67,607 | 42,519 | 32.5 | 0% |
| 2021 | 71,382 | 61,689 | 9,693 | 37.5 | 0% |
| 2022 | 167,160 | 132,760 | 34,400 | 20.5 | 0% |
| 2023 | 134,197 | 154,162 | −19,965 | 16.1 | 0% |
In its most recent public year (2023), this organization spent $19,965 more than it brought in. Its reserves stood at about 16.1 months of spending, up from 11.2 in 2011. Staff pay was 0% 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
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