Piedmont Triad Regional Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,989 | 127,263 | −37,274 | -3.2 | — |
| 2012 | 73,836 | 134,984 | −61,148 | -8.4 | — |
| 2013 | 70,099 | 131,084 | −60,985 | -14.3 | — |
| 2014 | 63,452 | 98,126 | −34,674 | -23.3 | — |
| 2015 | 44,000 | 28,683 | 15,317 | -73.3 | — |
| 2016 | 223,840 | 49,246 | 174,594 | -0.1 | 9% |
| 2017 | 134,545 | 121,553 | 12,992 | 1.2 | 22% |
| 2018 | 106,848 | 158,408 | −51,560 | -3.0 | 23% |
| 2019 | 725,286 | 170,182 | 555,104 | 36.4 | 15% |
| 2020 | 523,509 | 297,086 | 226,423 | 30.0 | 0% |
| 2021 | 2,232,298 | 502,908 | 1,729,390 | 59.0 | 0% |
| 2022 | 1,939,896 | 667,897 | 1,271,999 | 67.3 | 0% |
| 2023 | 1,204,917 | 645,806 | 559,111 | 80.0 | 0% |
In its most recent public year (2023), this organization brought in $559,111 more than it spent. Its reserves stood at about 80 months of spending, up from -3.2 in 2011. Staff pay was 0% of spending. $57,637 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
Piedmont Triad Regional Development Corporation'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