Scarborough Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 227,545 | 225,008 | 2,537 | 2.0 | 54% |
| 2012 | 257,087 | 237,187 | 19,900 | 2.9 | 21% |
| 2013 | 176,727 | 171,167 | 5,560 | 4.5 | 54% |
| 2014 | 189,925 | 198,920 | −8,995 | 3.3 | 58% |
| 2015 | 234,993 | 234,023 | 970 | 2.9 | 53% |
| 2016 | 233,451 | 234,433 | −982 | 2.8 | 57% |
| 2017 | 227,614 | 228,263 | −649 | 2.8 | 60% |
| 2018 | 247,756 | 251,494 | −3,738 | 2.4 | 56% |
| 2019 | 253,612 | 250,149 | 3,463 | 2.6 | 59% |
| 2020 | 249,031 | 258,562 | −9,531 | 2.1 | 61% |
| 2021 | 251,338 | 250,646 | 692 | 2.2 | 63% |
| 2022 | 261,794 | 259,795 | 1,999 | 2.2 | 60% |
| 2023 | 281,178 | 279,838 | 1,340 | 2.1 | 62% |
In its most recent public year (2023), this organization brought in $1,340 more than it spent. Its reserves stood at about 2.1 months of spending. Staff pay was 62% 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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