South Dakota Telecommunications Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 659,403 | 777,952 | −118,549 | 0.1 | 55% |
| 2021 | 797,905 | 713,819 | 84,086 | 2.2 | 38% |
| 2022 | 867,028 | 597,537 | 269,491 | 8.0 | 30% |
| 2023 | 887,613 | 743,743 | 143,870 | 8.7 | 28% |
In its most recent public year (2023), this organization brought in $143,870 more than it spent. Its reserves stood at about 8.7 months of spending, up from 0.1 in 2020. Staff pay was 28% 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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