Watauga Residental Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 65,142 | 75,208 | −10,066 | -34.8 | — |
| 2013 | 66,016 | 78,034 | −12,018 | -35.4 | — |
| 2014 | 69,368 | 80,839 | −11,471 | -35.9 | — |
| 2015 | 65,847 | 78,080 | −12,233 | -39.0 | — |
| 2016 | 57,251 | 82,226 | −24,975 | -40.7 | — |
| 2017 | 71,741 | 73,255 | −1,514 | -45.9 | — |
| 2018 | 72,688 | 75,141 | −2,453 | -45.1 | — |
| 2019 | 76,201 | 78,939 | −2,738 | 10.5 | — |
| 2020 | 75,054 | 71,027 | 4,027 | -47.5 | — |
| 2021 | 77,784 | 74,558 | 3,226 | -44.8 | — |
| 2022 | 255,580 | 77,255 | 178,325 | -15.5 | 0% |
| 2023 | 79,221 | 89,967 | −10,746 | -14.8 | 0% |
| 2024 | 104,581 | 82,343 | 22,238 | -12.9 | — |
In its most recent public year (2024), this organization brought in $22,238 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-12.9 months), up from -34.8 in 2012.
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 2024. 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
Watauga Residental Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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