Scotland Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 560,000 | 390,778 | 169,222 | -9.9 | 0% |
| 2019 | 700,275 | 763,647 | −63,372 | -6.1 | 0% |
| 2020 | 1,030,000 | 758,242 | 271,758 | -1.8 | 0% |
| 2021 | 840,000 | 553,455 | 286,545 | 3.7 | 0% |
| 2022 | 1,024,130 | 535,109 | 489,021 | 14.8 | 0% |
In its most recent public year (2022), this organization brought in $489,021 more than it spent. Its reserves stood at about 14.8 months of spending, up from -9.9 in 2018. 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 2022. 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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