Kentucky River Area Development District Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,344,620 | 5,926,591 | 418,029 | 4.7 | 20% |
| 2012 | 6,156,576 | 5,988,576 | 168,000 | 5.0 | 19% |
| 2013 | 6,138,688 | 5,912,187 | 226,501 | 5.5 | 20% |
| 2014 | 6,203,986 | 5,860,921 | 343,065 | 6.2 | 22% |
| 2015 | 5,977,375 | 5,726,999 | 250,376 | 3.4 | 24% |
| 2016 | 5,491,107 | 5,553,163 | −62,056 | 3.3 | 2% |
| 2017 | 4,882,311 | 5,355,522 | −473,211 | 2.4 | 31% |
| 2018 | 5,318,955 | 6,032,376 | −713,421 | -1.3 | 28% |
| 2019 | 4,870,949 | 5,460,135 | −589,186 | -2.7 | 29% |
| 2020 | 4,516,237 | 4,904,678 | −388,441 | -4.1 | 33% |
| 2021 | 4,838,342 | 5,160,679 | −322,337 | -4.6 | 33% |
| 2022 | 5,574,327 | 5,420,606 | 153,721 | -3.9 | 34% |
| 2023 | 6,007,276 | 6,295,145 | −287,869 | -3.9 | 31% |
In its most recent public year (2023), this organization spent $287,869 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.9 months), down from 4.7 in 2011. Staff pay was 31% 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
Kentucky River Area Development District Inc'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