Industry Development Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 697,944 | 729,671 | −31,727 | 4.0 | 0% |
| 2013 | 741,476 | 738,016 | 3,460 | 4.0 | 0% |
| 2014 | 797,050 | 733,269 | 63,781 | 5.1 | 0% |
| 2015 | 934,082 | 916,499 | 17,583 | 4.3 | 0% |
| 2016 | 835,252 | 796,581 | 38,671 | 5.6 | 0% |
| 2017 | 842,434 | 818,728 | 23,706 | 5.8 | 0% |
| 2018 | 809,419 | 867,280 | −57,861 | 4.6 | 0% |
| 2019 | 857,651 | 835,319 | 22,332 | 5.1 | 0% |
| 2020 | 926,598 | 893,474 | 33,124 | 5.2 | 0% |
| 2021 | 844,341 | 754,695 | 89,646 | 7.6 | 0% |
| 2022 | 924,227 | 832,054 | 92,173 | 8.2 | 0% |
| 2023 | 964,187 | 924,387 | 39,800 | 7.9 | 0% |
| 2024 | 1,258,461 | 1,143,532 | 114,929 | 7.6 | 0% |
In its most recent public year (2024), this organization brought in $114,929 more than it spent. Its reserves stood at about 7.6 months of spending, up from 4 in 2012. 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 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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