Iowa Area Development Group L C
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 217,531 | 61,313 | 156,218 | 437.1 | 0% |
| 2021 | 380,383 | 82,030 | 298,353 | 392.7 | 0% |
| 2022 | 283,671 | 56,454 | 227,217 | 537.4 | 0% |
| 2023 | 293,982 | 78,444 | 215,538 | 463.2 | 0% |
In its most recent public year (2023), this organization brought in $215,538 more than it spent. Its reserves stood at about 463.2 months of spending, up from 437.1 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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