Tippah County Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 308,841 | 309,606 | −765 | 16.7 | 30% |
| 2011 | 279,608 | 286,486 | −6,878 | 17.7 | 33% |
| 2012 | 274,858 | 266,708 | 8,150 | 19.4 | 36% |
| 2013 | 203,782 | 145,122 | 58,660 | 40.5 | 15% |
| 2014 | 223,060 | 217,094 | 5,966 | 27.4 | 10% |
| 2015 | 251,700 | 228,517 | 23,183 | 27.3 | 48% |
| 2016 | 216,819 | 220,546 | −3,727 | 28.1 | 49% |
| 2017 | 282,647 | 285,189 | −2,542 | 21.6 | 45% |
| 2018 | 210,499 | 185,456 | 25,043 | 34.8 | 53% |
| 2019 | 193,610 | 184,742 | 8,868 | 35.5 | 60% |
| 2020 | 205,164 | 180,931 | 24,233 | 37.9 | 64% |
| 2021 | 244,725 | 189,305 | 55,420 | 39.7 | 61% |
| 2022 | 994,925 | 1,179,366 | −184,441 | 11.3 | 11% |
| 2023 | 489,874 | 1,785,270 | −1,295,396 | -2.4 | 7% |
In its most recent public year (2023), this organization spent $1,295,396 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 16.7 in 2010. Staff pay was 7% 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
Tippah County Development Foundation 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