Alaska Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,923 | 152,199 | 53,724 | 4.9 | 0% |
| 2021 | 282,786 | 189,107 | 93,679 | 9.9 | 0% |
| 2022 | 216,932 | 163,394 | 53,538 | 15.4 | 0% |
| 2023 | 121,141 | 8,976 | 112,165 | 430.5 | 0% |
In its most recent public year (2023), this organization brought in $112,165 more than it spent. Its reserves stood at about 430.5 months of spending, up from 4.9 in 2020. Staff pay was 0% 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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