Cherokee Farm Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 240,648 | 249,725 | −9,077 | -0.4 | 59% |
| 2014 | 578,801 | 600,217 | −21,416 | -0.6 | 46% |
| 2015 | 629,098 | 638,505 | −9,407 | -0.7 | 61% |
| 2016 | 2,036,501 | 796,420 | 1,240,081 | 18.1 | 45% |
| 2017 | 332,422 | 366,232 | −33,810 | 38.2 | 57% |
| 2018 | 761,623 | 594,882 | 166,741 | 26.9 | 66% |
| 2019 | 258,416 | 234,933 | 23,483 | 69.3 | 54% |
| 2020 | 587,917 | 529,336 | 58,581 | 32.1 | 50% |
| 2021 | 670,853 | 620,859 | 49,994 | 28.3 | 60% |
| 2022 | 792,055 | 665,991 | 126,064 | 28.7 | 50% |
| 2023 | 1,152,870 | 911,974 | 240,896 | 24.1 | 48% |
In its most recent public year (2023), this organization brought in $240,896 more than it spent. Its reserves stood at about 24.1 months of spending, up from -0.4 in 2013. Staff pay was 48% of spending. $117,975 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
Cherokee Farm Development 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