Area Development Partnership
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,466,053 | 1,405,015 | 61,038 | 3.8 | 40% |
| 2012 | 1,387,139 | 1,306,030 | 81,109 | 4.8 | 46% |
| 2013 | 1,267,745 | 1,209,583 | 58,162 | 5.8 | 49% |
| 2014 | 1,411,392 | 1,350,878 | 60,514 | 5.7 | 47% |
| 2015 | 1,655,114 | 1,759,821 | −104,707 | 3.7 | 43% |
| 2016 | 1,902,496 | 1,644,047 | 258,449 | 5.8 | 50% |
| 2017 | 1,878,994 | 1,810,051 | 68,943 | 5.5 | 49% |
| 2018 | 2,002,259 | 1,935,455 | 66,804 | 5.6 | 47% |
| 2019 | 1,966,764 | 2,063,934 | −97,170 | 4.8 | 49% |
| 2020 | 1,751,631 | 1,853,884 | −102,253 | 4.8 | 59% |
| 2021 | 1,951,045 | 1,832,100 | 118,945 | 4.6 | 56% |
| 2022 | 2,438,844 | 2,154,867 | 283,977 | 5.6 | 49% |
| 2023 | 2,451,369 | 2,436,037 | 15,332 | 5.4 | 44% |
In its most recent public year (2023), this organization brought in $15,332 more than it spent. Its reserves stood at about 5.4 months of spending, up from 3.8 in 2011. Staff pay was 44% 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
Area Development Partnership'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