Appalachian Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,237,216 | 1,387,397 | −150,181 | 58.1 | 47% |
| 2012 | 1,936,102 | 1,872,264 | 63,838 | 43.5 | 41% |
| 2013 | 1,421,194 | 1,775,087 | −353,893 | 43.5 | 45% |
| 2014 | 765,291 | 1,074,981 | −309,690 | 68.3 | 44% |
| 2015 | 956,368 | 901,537 | 54,831 | 72.9 | 33% |
| 2016 | 794,236 | 772,625 | 21,611 | 85.4 | 39% |
| 2017 | 702,387 | 614,993 | 87,394 | 109.0 | 54% |
| 2018 | 692,282 | 610,367 | 81,915 | 111.4 | 47% |
| 2019 | 627,651 | 570,793 | 56,858 | 120.3 | 57% |
| 2020 | 785,850 | 542,837 | 243,013 | 131.9 | 59% |
| 2021 | 608,788 | 540,834 | 67,954 | 133.9 | 62% |
| 2022 | 712,263 | 697,360 | 14,903 | 104.2 | 58% |
| 2023 | 783,553 | 698,341 | 85,212 | 106.0 | 63% |
In its most recent public year (2023), this organization brought in $85,212 more than it spent. Its reserves stood at about 106 months of spending, up from 58.1 in 2011. Staff pay was 63% of spending. $5,499,822 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works