everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Invest Appalachia Inc

Asheville, NC / EIN 84-2748180 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2019131,84795,85635,9914.5
2020150,989154,445−3,4562.5
2021648,625444,176204,4495.523%
20223,949,7031,332,6062,617,09725.416%
20231,917,6362,340,722−423,08612.39%

In its most recent public year (2023), this organization spent $423,086 more than it brought in. Its reserves stood at about 12.3 months of spending, up from 4.5 in 2019. Staff pay was 9% of spending. $2,631,820 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

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