Maddock Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 68,712 | 69,869 | −1,157 | 2.0 | — |
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 60,139 | 53,332 | 6,807 | 14.1 | — |
| 2013 | 80,302 | 46,387 | 33,915 | 20.7 | — |
| 2014 | 71,440 | 61,870 | 9,570 | 24.7 | — |
| 2015 | 91,522 | 99,519 | −7,997 | 14.4 | — |
| 2016 | 36,362 | 47,442 | −11,080 | 25.2 | — |
| 2017 | 40,798 | 29,932 | 10,866 | 47.4 | — |
| 2018 | 31,794 | 41,614 | −9,820 | 31.3 | — |
| 2019 | 31,984 | 25,091 | 6,893 | 55.2 | — |
| 2020 | 25,772 | 18,248 | 7,524 | 80.8 | — |
In its most recent public year (2020), this organization brought in $7,524 more than it spent. Its reserves stood at about 80.8 months of spending, up from 2 in 2010.
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 2020. 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
Maddock Economic Development Inc's IRS filings as a feed — one entry per filing year, through 2020. 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