Capital Area Development Corporation Of West Virginia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,598,770 | 1,609,732 | −10,962 | 27.9 | 41% |
| 2012 | 1,983,269 | 1,704,530 | 278,739 | 28.3 | 43% |
| 2013 | 1,769,667 | 1,611,387 | 158,280 | 31.2 | 42% |
| 2014 | 1,854,896 | 1,600,559 | 254,337 | 33.3 | 42% |
| 2015 | 1,772,353 | 1,738,256 | 34,097 | 30.9 | 39% |
| 2016 | 1,682,366 | 1,603,457 | 78,909 | 34.1 | 42% |
| 2017 | 1,554,030 | 1,581,808 | −27,778 | 34.3 | 43% |
| 2018 | 1,717,273 | 1,538,532 | 178,741 | 36.7 | 45% |
| 2019 | 1,504,510 | 1,538,548 | −34,038 | 36.4 | 45% |
| 2020 | 1,682,291 | 1,627,482 | 54,809 | 34.8 | 41% |
| 2021 | 1,468,428 | 1,352,357 | 116,071 | 42.9 | 38% |
| 2022 | 3,509,217 | 1,481,168 | 2,028,049 | 55.6 | 43% |
| 2023 | 2,339,307 | 1,822,315 | 516,992 | 48.6 | 37% |
In its most recent public year (2023), this organization brought in $516,992 more than it spent. Its reserves stood at about 48.6 months of spending, up from 27.9 in 2011. Staff pay was 37% of spending. $2,665,085 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
Capital Area Development Corporation Of West Virginia's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works