Martinsvill-Henry County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,894,032 | 1,937,167 | −43,135 | 2.1 | 31% |
| 2012 | 2,107,581 | 2,184,216 | −76,635 | 1.4 | 25% |
| 2013 | 2,836,903 | 2,847,087 | −10,184 | 1.0 | 20% |
| 2014 | 2,070,908 | 1,814,105 | 256,803 | 3.3 | 27% |
| 2015 | 2,276,684 | 2,272,260 | 4,424 | 3.3 | 24% |
| 2016 | 2,751,424 | 2,711,353 | 40,071 | 2.9 | 14% |
| 2017 | 7,677,229 | 2,798,537 | 4,878,692 | 22.3 | 23% |
| 2018 | 1,857,459 | 1,823,256 | 34,203 | 34.5 | 32% |
| 2019 | 2,473,267 | 2,460,739 | 12,528 | 25.7 | 25% |
| 2020 | 2,920,470 | 2,948,565 | −28,095 | 22.0 | 22% |
| 2021 | 3,066,760 | 3,196,054 | −129,294 | 20.6 | 24% |
| 2022 | 2,331,961 | 2,543,940 | −211,979 | 25.8 | 28% |
| 2023 | 1,915,977 | 2,165,563 | −249,586 | 30.0 | 35% |
| 2024 | 1,957,676 | 2,145,786 | −188,110 | 30.3 | 36% |
In its most recent public year (2024), this organization spent $188,110 more than it brought in. Its reserves stood at about 30.3 months of spending, up from 2.1 in 2011. Staff pay was 36% 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 2024. 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
Martinsvill-Henry County Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works