Iberia Industrial Development Sfoundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 354,907 | 332,310 | 22,597 | 2.1 | 61% |
| 2021 | 556,634 | 379,055 | 177,579 | 7.5 | 52% |
| 2022 | 417,779 | 389,430 | 28,349 | 8.2 | 57% |
In its most recent public year (2022), this organization brought in $28,349 more than it spent. Its reserves stood at about 8.2 months of spending, up from 2.1 in 2020. Staff pay was 57% 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 2022. 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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