Panhandle Area Development District
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 398,966 | 441,083 | −42,117 | 16.4 | 44% |
| 2012 | 328,339 | 320,753 | 7,586 | 22.8 | 61% |
| 2013 | 290,369 | 246,324 | 44,045 | 31.9 | 51% |
| 2014 | 189,089 | 305,793 | −116,704 | 21.1 | 59% |
| 2015 | 250,133 | 296,324 | −46,191 | 19.9 | 62% |
| 2016 | 345,887 | 342,251 | 3,636 | 17.3 | 39% |
| 2017 | 782,292 | 505,112 | 277,180 | 18.3 | 35% |
| 2018 | 1,434,137 | 431,025 | 1,003,112 | 49.4 | 43% |
| 2019 | 419,229 | 1,450,581 | −1,031,352 | 6.2 | 12% |
| 2020 | 413,208 | 426,203 | −12,995 | 20.6 | 41% |
| 2021 | 1,640,034 | 481,478 | 1,158,556 | 47.1 | 37% |
| 2022 | 1,640,034 | 481,478 | 1,158,556 | 47.1 | 37% |
| 2023 | 464,159 | 296,716 | 167,443 | 46.6 | 55% |
| 2024 | 1,068,503 | 367,136 | 701,367 | 60.6 | 48% |
In its most recent public year (2024), this organization brought in $701,367 more than it spent. Its reserves stood at about 60.6 months of spending, up from 16.4 in 2011. Staff pay was 48% of spending. $1,535,512 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 2024. 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
Panhandle Area Development District's IRS filings as a feed — one entry per filing year, through 2024. 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