Downtown Corinth Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 100,966 | 84,985 | 15,981 | 7.7 | — |
| 2012 | 80,756 | 43,742 | 37,014 | 20.7 | — |
| 2013 | 50,620 | 71,287 | −20,667 | 9.1 | — |
| 2014 | 240,131 | 194,918 | 45,213 | 6.2 | 15% |
| 2015 | 185,814 | 223,666 | −37,852 | 3.4 | 0% |
| 2016 | 139,535 | 172,808 | −33,273 | 0.0 | 0% |
| 2017 | 121,550 | 131,289 | −9,739 | 1.8 | 12% |
| 2018 | 82,322 | 65,842 | 16,480 | 6.6 | 60% |
| 2019 | 74,083 | 61,869 | 12,214 | 9.4 | 56% |
| 2021 | 61,681 | 28,622 | 33,059 | 23.8 | — |
In its most recent public year (2021), this organization brought in $33,059 more than it spent. Its reserves stood at about 23.8 months of spending, up from 7.7 in 2011.
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 2021. 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
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