Hiawatha Foundation For Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,999 | 42,794 | 3,205 | 76.3 | — |
| 2012 | 91,786 | 81,800 | 9,986 | 41.4 | — |
| 2013 | 92,490 | 66,793 | 25,697 | 55.3 | — |
| 2014 | 65,636 | 44,744 | 20,892 | 88.1 | — |
| 2015 | 63,594 | 59,976 | 3,618 | 66.5 | — |
| 2016 | 60,110 | 34,889 | 25,221 | 123.0 | — |
| 2017 | 49,732 | 50,889 | −1,157 | 84.0 | — |
| 2018 | 54,943 | 45,367 | 9,576 | 96.8 | — |
| 2019 | 53,215 | 60,165 | −6,950 | 71.6 | — |
| 2020 | 51,034 | 102,488 | −51,454 | 36.0 | — |
| 2021 | 60,205 | 58,548 | 1,657 | 63.4 | — |
| 2022 | 59,205 | 75,083 | −15,878 | 48.1 | — |
| 2023 | 88,649 | 78,229 | 10,420 | 47.7 | — |
In its most recent public year (2023), this organization brought in $10,420 more than it spent. Its reserves stood at about 47.7 months of spending, down from 76.3 in 2011.
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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