Jonesboro Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 468,721 | 118,279 | 350,442 | 102.2 | 0% |
| 2012 | 434,080 | 76,736 | 357,344 | 213.3 | 0% |
| 2013 | 523,646 | 102,967 | 420,679 | 208.0 | 0% |
| 2014 | 499,448 | 118,443 | 381,005 | 219.4 | 0% |
| 2015 | 477,343 | 253,481 | 223,862 | 113.1 | 0% |
| 2016 | 570,169 | 450,368 | 119,801 | 66.9 | 0% |
| 2017 | 688,282 | 450,168 | 238,114 | 73.2 | 0% |
| 2018 | 333,606 | 37,240 | 296,366 | 980.9 | 0% |
| 2019 | 591,269 | 251,178 | 340,091 | 161.7 | 0% |
| 2020 | 1,454,956 | 457,717 | 997,239 | 114.9 | 0% |
| 2021 | 927,203 | 306,924 | 620,279 | 195.6 | 0% |
| 2022 | 225,944 | 584,159 | −358,215 | 110.1 | 0% |
| 2023 | 166,847 | 234,868 | −68,021 | 270.3 | 0% |
In its most recent public year (2023), this organization spent $68,021 more than it brought in. Its reserves stood at about 270.3 months of spending, up from 102.2 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
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