Arkansas Industrial Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 368,519 | 162,363 | 206,156 | 68.4 | 0% |
| 2021 | 57,302 | 270,352 | −213,050 | 31.6 | 0% |
| 2022 | 403,205 | 319,030 | 84,175 | 30.0 | 0% |
| 2023 | 401,488 | 258,218 | 143,270 | 43.7 | 0% |
In its most recent public year (2023), this organization brought in $143,270 more than it spent. Its reserves stood at about 43.7 months of spending, down from 68.4 in 2020. 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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