Ridgway Area Industrial Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 100,396 | 74,568 | 25,828 | 31.5 | 0% |
| 2017 | 125,026 | 68,413 | 56,613 | 39.9 | 0% |
| 2018 | 137,078 | 85,405 | 51,673 | 39.2 | 0% |
| 2019 | 547,062 | 156,293 | 390,769 | 59.1 | 0% |
| 2020 | 151,562 | 132,856 | 18,706 | 71.2 | 0% |
| 2021 | 216,678 | 145,070 | 71,608 | 71.2 | 0% |
| 2022 | 160,713 | 141,577 | 19,136 | 74.5 | 0% |
| 2023 | 47,999 | 132,615 | −84,616 | 48.2 | 0% |
In its most recent public year (2023), this organization spent $84,616 more than it brought in. Its reserves stood at about 48.2 months of spending, up from 31.5 in 2016. 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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