Southeastern Montana Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 572,575 | 486,191 | 86,384 | 26.7 | 35% |
| 2021 | 1,296,654 | 720,904 | 575,750 | 27.6 | 26% |
| 2022 | 744,820 | 530,263 | 214,557 | 36.2 | 53% |
| 2023 | 2,061,619 | 1,243,845 | 817,774 | 23.8 | 19% |
In its most recent public year (2023), this organization brought in $817,774 more than it spent. Its reserves stood at about 23.8 months of spending, down from 26.7 in 2020. Staff pay was 19% of spending. $827,800 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works