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

Twin County Community Foundation

Galax, VA / EIN 54-1593923 / Form 990 / latest filing 2020
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011120,99968,32952,67071.2
201248,13849,754−1,616104.2
201312,98421,815−8,831244.8
20145,018,95016,2025,002,7483956.00%
2015262,57744,460218,1171410.30%
201690,27041,15449,1161666.90%
20173,815,49251,3673,764,1252323.00%
2018499,997197,251302,746639.30%
2019466,952357,857109,095352.43%
2020838,687425,264413,423307.86%

In its most recent public year (2020), this organization brought in $413,423 more than it spent. Its reserves stood at about 307.8 months of spending, up from 71.2 in 2011. Staff pay was 6% 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 2020. 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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