Sturgis Industrial Expansion Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 518,097 | 298,723 | 219,374 | 70.9 | 31% |
| 2012 | 281,273 | 268,702 | 12,571 | 82.4 | 36% |
| 2013 | 211,148 | 189,694 | 21,454 | 116.1 | 52% |
| 2014 | 295,450 | 406,027 | −110,577 | 50.8 | 24% |
| 2015 | 526,748 | 262,236 | 264,512 | 90.8 | 38% |
| 2016 | 611,005 | 207,274 | 403,731 | 131.4 | 50% |
| 2017 | 223,934 | 191,654 | 32,280 | 144.2 | 55% |
| 2018 | 246,993 | 197,561 | 49,432 | 142.9 | 63% |
| 2019 | 287,743 | 177,188 | 110,555 | 166.9 | 53% |
| 2020 | 346,319 | 270,353 | 75,966 | 112.7 | 34% |
| 2021 | 800,640 | 265,707 | 534,933 | 138.9 | 36% |
| 2022 | 340,998 | 334,302 | 6,696 | 110.6 | 30% |
| 2023 | 405,495 | 388,902 | 16,593 | 95.6 | 28% |
In its most recent public year (2023), this organization brought in $16,593 more than it spent. Its reserves stood at about 95.6 months of spending, up from 70.9 in 2011. Staff pay was 28% of spending. $379,351 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
Sturgis Industrial Expansion 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