Parkston Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,808 | 30,181 | 10,627 | 60.1 | 0% |
| 2012 | 40,568 | 23,868 | 16,700 | 84.5 | 0% |
| 2013 | 34,441 | 29,637 | 4,804 | 70.0 | 0% |
| 2014 | 45,431 | 34,659 | 10,772 | 63.6 | 0% |
| 2015 | 63,250 | 91,831 | −28,581 | 20.3 | 0% |
| 2016 | 69,143 | 50,607 | 18,536 | 43.1 | 0% |
| 2017 | 1,924 | 47,277 | −45,353 | 34.6 | 0% |
| 2018 | 38,793 | 36,048 | 2,745 | 46.4 | 0% |
| 2019 | 35,000 | 36,002 | −1,002 | 52.7 | 0% |
| 2020 | 61,073 | 33,711 | 27,362 | 66.1 | 0% |
| 2021 | 59,254 | 58,823 | 431 | 38.0 | 0% |
| 2022 | 45,001 | 29,077 | 15,924 | 83.3 | 0% |
| 2023 | 79,131 | 30,748 | 48,383 | 97.7 | 0% |
In its most recent public year (2023), this organization brought in $48,383 more than it spent. Its reserves stood at about 97.7 months of spending, up from 60.1 in 2011. 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 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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