Odessa Industrial Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,318,019 | 350,366 | 1,967,653 | 280.3 | 0% |
| 2013 | 2,655,175 | 927,895 | 1,727,280 | 130.7 | 0% |
| 2014 | 4,005,158 | 746,808 | 3,258,350 | 224.2 | 0% |
| 2015 | 2,411,338 | 3,164,459 | −753,121 | 47.6 | 0% |
| 2016 | 695,286 | 297,247 | 398,039 | 496.3 | 0% |
| 2017 | 578,377 | 389,516 | 188,861 | 405.5 | 0% |
| 2018 | 2,576,307 | 1,446,593 | 1,129,714 | 118.8 | 0% |
| 2019 | 3,378,284 | 742,436 | 2,635,848 | 271.3 | 0% |
| 2020 | 1,884,601 | 794,546 | 1,090,055 | 257.5 | 0% |
| 2021 | 2,333,766 | 1,094,169 | 1,239,597 | 208.2 | 0% |
| 2022 | −240,165 | 1,980,717 | −2,220,882 | 101.5 | 0% |
| 2023 | 1,677,957 | 426,809 | 1,251,148 | 506.4 | 0% |
| 2024 | 2,213,199 | 1,926,686 | 286,513 | 114.0 | 0% |
In its most recent public year (2024), this organization brought in $286,513 more than it spent. Its reserves stood at about 114 months of spending, down from 280.3 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 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
Odessa Industrial Development Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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