Quitman County Development Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 690,192 | 710,458 | −20,266 | 14.8 | 32% |
| 2012 | 453,845 | 657,157 | −203,312 | 12.3 | 35% |
| 2013 | 454,765 | 506,466 | −51,701 | 16.0 | 23% |
| 2014 | 218,665 | 300,630 | −81,965 | 23.8 | 28% |
| 2015 | 165,659 | 205,542 | −39,883 | 59.0 | 40% |
| 2016 | 183,038 | 260,784 | −77,746 | 44.9 | 17% |
| 2017 | 239,358 | 360,056 | −120,698 | 28.1 | 12% |
| 2018 | 298,382 | 366,840 | −68,458 | 28.5 | 6% |
| 2020 | 210,881 | 237,978 | −27,097 | 39.6 | 9% |
| 2022 | 286,630 | 275,876 | 10,754 | 12.0 | 16% |
| 2023 | 435,673 | 370,195 | 65,478 | 5.2 | 12% |
In its most recent public year (2023), this organization brought in $65,478 more than it spent. Its reserves stood at about 5.2 months of spending, down from 14.8 in 2011. Staff pay was 12% of spending. $48,721 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
Quitman County Development Organization 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