Brownwood Industrial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,677 | 33,637 | 23,040 | 355.6 | 0% |
| 2021 | 427,989 | 400,364 | 27,625 | 30.7 | 0% |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 50,390 | 38,118 | 12,272 | 332.7 | 0% |
| 2024 | 272,596 | 37,840 | 234,756 | 409.5 | 0% |
In its most recent public year (2024), this organization brought in $234,756 more than it spent. Its reserves stood at about 409.5 months of spending, up from 355.6 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 2024. 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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