Franklin-Southampton Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 399,251 | 487,032 | −87,781 | 30.3 | 63% |
| 2012 | 404,270 | 447,917 | −43,647 | 31.8 | 66% |
| 2013 | 415,590 | 350,028 | 65,562 | 42.9 | 56% |
| 2014 | 478,496 | 353,288 | 125,208 | 46.8 | 53% |
| 2015 | 458,863 | 385,607 | 73,256 | 45.1 | 54% |
| 2016 | 443,999 | 416,017 | 27,982 | 42.6 | 50% |
| 2017 | 436,903 | 492,739 | −55,836 | 34.6 | 43% |
| 2018 | 448,307 | 466,131 | −17,824 | 36.2 | 44% |
| 2019 | 446,275 | 475,499 | −29,224 | 34.7 | 40% |
| 2021 | 703,357 | 596,732 | 106,625 | 27.3 | 30% |
| 2022 | 406,765 | 478,456 | −71,691 | 32.3 | 43% |
| 2023 | 388,962 | 450,990 | −62,028 | 32.6 | 46% |
In its most recent public year (2023), this organization spent $62,028 more than it brought in. Its reserves stood at about 32.6 months of spending, up from 30.3 in 2011. Staff pay was 46% of spending. $15,000 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
Franklin-Southampton Economic Development Inc's IRS filings as a feed — one entry per filing year, through 2023. 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