Mineral Wells Industrial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 154,456 | 122,694 | 31,762 | 126.3 | 0% |
| 2013 | 179,708 | 121,371 | 58,337 | 133.5 | 0% |
| 2014 | 175,770 | 125,464 | 50,306 | 133.9 | 0% |
| 2015 | 131,909 | 109,653 | 22,256 | 155.7 | 0% |
| 2016 | 182,538 | 113,688 | 68,850 | 157.4 | 0% |
| 2017 | 342,080 | 688,212 | −346,132 | 20.0 | 0% |
| 2018 | 199,910 | 119,147 | 80,763 | 118.8 | 0% |
| 2019 | 65,330 | 99,034 | −33,704 | 145.5 | 0% |
| 2020 | 51,916 | 157,409 | −105,493 | 81.3 | 0% |
| 2021 | −11,135 | 101,218 | −112,353 | 112.3 | 0% |
In its most recent public year (2021), this organization spent $112,353 more than it brought in. Its reserves stood at about 112.3 months of spending, down from 126.3 in 2012. 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 2021. 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
Mineral Wells Industrial Foundation Inc's IRS filings as a feed — one entry per filing year, through 2021. 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