Todd County Industrial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 502,254 | 561,089 | −58,835 | 17.1 | 0% |
| 2020 | 218,254 | 306,954 | −88,700 | 27.5 | 0% |
| 2021 | 124,484 | 85,577 | 38,907 | 104.1 | 0% |
| 2022 | 576,951 | 96,885 | 480,066 | 151.4 | 0% |
| 2023 | 215,054 | 214,816 | 238 | 68.3 | 0% |
In its most recent public year (2023), this organization brought in $238 more than it spent. Its reserves stood at about 68.3 months of spending, up from 17.1 in 2019. 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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