Structured Employment Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,076,007 | 39,637,651 | −3,561,644 | 0.6 | 32% |
| 2012 | 39,274,822 | 34,142,209 | 5,132,613 | 2.4 | 24% |
| 2013 | 21,151,237 | 20,940,463 | 210,774 | 4.1 | 25% |
| 2014 | 18,488,529 | 19,941,083 | −1,452,554 | 3.4 | 28% |
| 2015 | 10,691,066 | 14,728,319 | −4,037,253 | 1.0 | 34% |
| 2016 | 6,065,767 | 8,457,760 | −2,391,993 | -1.7 | 40% |
| 2017 | 7,289,783 | 7,783,489 | −493,706 | -2.6 | 32% |
| 2018 | 7,108,806 | 7,205,702 | −96,896 | -3.0 | 39% |
| 2019 | 7,837,052 | 8,058,218 | −221,166 | -3.0 | 42% |
| 2022 | 6,324,471 | 6,763,930 | −439,459 | -3.9 | 38% |
| 2023 | 6,558,823 | 6,608,420 | −49,597 | -4.1 | 41% |
In its most recent public year (2023), this organization spent $49,597 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.1 months), down from 0.6 in 2011. Staff pay was 41% of spending. $89,042 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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