Mid-Cumberland Area Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 603,248 | 621,720 | −18,472 | 87.5 | 0% |
| 2012 | 541,834 | 2,668,636 | −2,126,802 | 10.8 | 0% |
| 2013 | 446,393 | 504,553 | −58,160 | 55.9 | 0% |
| 2014 | 410,200 | 431,881 | −21,681 | 64.7 | 0% |
| 2015 | 398,261 | 423,129 | −24,868 | 65.3 | 0% |
| 2016 | 321,497 | 407,590 | −86,093 | 65.3 | 0% |
| 2017 | 225,760 | 485,112 | −259,352 | 48.4 | 0% |
| 2018 | 247,450 | 352,290 | −104,840 | 63.1 | 0% |
| 2019 | 259,702 | 433,193 | −173,491 | 46.5 | 0% |
| 2020 | 251,790 | 276,577 | −24,787 | 71.8 | 0% |
| 2021 | 196,351 | 252,684 | −56,333 | 75.9 | 0% |
| 2022 | 133,142 | 235,959 | −102,817 | 76.1 | 0% |
| 2023 | 208,250 | 361,420 | −153,170 | 44.6 | 0% |
In its most recent public year (2023), this organization spent $153,170 more than it brought in. Its reserves stood at about 44.6 months of spending, down from 87.5 in 2011. 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
Mid-Cumberland Area Development'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