Madera County Workforce Investment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,698,505 | 1,573,459 | 125,046 | 1.0 | 41% |
| 2014 | 2,729,340 | 2,730,107 | −767 | 0.5 | 44% |
| 2015 | 3,711,513 | 3,655,492 | 56,021 | 0.5 | 38% |
| 2016 | 5,006,018 | 4,957,299 | 48,719 | 0.5 | 26% |
| 2017 | 3,084,270 | 3,032,216 | 52,054 | 1.0 | 40% |
| 2018 | 2,657,355 | 2,637,935 | 19,420 | 1.3 | 49% |
| 2019 | 3,464,016 | 3,311,980 | 152,036 | 1.6 | 41% |
| 2020 | 3,231,129 | 3,155,754 | 75,375 | 1.9 | 44% |
| 2021 | 2,835,470 | 2,806,172 | 29,298 | 2.3 | 47% |
| 2022 | 3,134,795 | 3,074,176 | 60,619 | 2.3 | 42% |
| 2023 | 3,072,166 | 2,986,540 | 85,626 | 2.7 | 44% |
In its most recent public year (2023), this organization brought in $85,626 more than it spent. Its reserves stood at about 2.7 months of spending, up from 1 in 2013. Staff pay was 44% of spending. $79,580 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
Madera County Workforce Investment Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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