Bates County Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 350,613 | 347,613 | 3,000 | 29.3 | 43% |
| 2021 | 327,885 | 270,399 | 57,486 | 40.2 | 44% |
| 2022 | 416,435 | 444,059 | −27,624 | 23.7 | 50% |
| 2023 | 566,200 | 563,854 | 2,346 | 18.8 | 49% |
In its most recent public year (2023), this organization brought in $2,346 more than it spent. Its reserves stood at about 18.8 months of spending, down from 29.3 in 2020. Staff pay was 49% 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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