Phelps County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 309,203 | 282,691 | 26,512 | 42.7 | 32% |
| 2012 | 626,507 | 311,891 | 314,616 | 50.8 | 36% |
| 2013 | 577,803 | 226,444 | 351,359 | 89.4 | 53% |
| 2014 | 605,583 | 402,068 | 203,515 | 56.4 | 35% |
| 2015 | 577,738 | 365,490 | 212,248 | 69.0 | 42% |
| 2016 | 580,923 | 546,241 | 34,682 | 47.0 | 31% |
| 2017 | 686,575 | 482,919 | 203,656 | 58.2 | 35% |
| 2018 | 998,970 | 868,026 | 130,944 | 34.2 | 21% |
| 2019 | 865,821 | 873,945 | −8,124 | 33.8 | 23% |
| 2020 | 873,290 | 1,000,782 | −127,492 | 28.0 | 19% |
| 2021 | 961,721 | 815,845 | 145,876 | 36.5 | 25% |
| 2022 | 1,104,308 | 734,902 | 369,406 | 59.1 | 27% |
| 2023 | 1,676,256 | 801,635 | 874,621 | 75.1 | 26% |
In its most recent public year (2023), this organization brought in $874,621 more than it spent. Its reserves stood at about 75.1 months of spending, up from 42.7 in 2011. Staff pay was 26% of spending. $900,000 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
Phelps County 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