everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

The Industrial Commons

Morganton, NC / EIN 47-2080338 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2017102,14367,31834,82510.4
20181,344,220187,1031,157,11782.765%
2019803,7961,016,112−212,31612.740%
20203,472,6691,358,3452,114,32428.245%
20214,558,5531,745,4272,813,12641.343%
20222,647,0342,390,165256,86931.341%
202311,657,6162,236,6479,420,96984.457%

In its most recent public year (2023), this organization brought in $9,420,969 more than it spent. Its reserves stood at about 84.4 months of spending, up from 10.4 in 2017. Staff pay was 57% of spending. $9,125,276 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

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