Forrest City Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,241 | 28,652 | 97,589 | 337.4 | 0% |
| 2012 | 103,683 | 28,933 | 74,750 | 365.1 | 0% |
| 2013 | 27,036 | 22,076 | 4,960 | 481.2 | 0% |
| 2022 | 194,179 | 51,714 | 142,465 | 244.0 | 0% |
| 2023 | 62,696 | 52,509 | 10,187 | 242.7 | 0% |
In its most recent public year (2023), this organization brought in $10,187 more than it spent. Its reserves stood at about 242.7 months of spending, down from 337.4 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
Forrest City Industrial Development Corporation'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