Saratoga Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,010,564 | 958,259 | 52,305 | 20.1 | 44% |
| 2012 | 780,389 | 801,814 | −21,425 | 23.7 | 53% |
| 2013 | 711,716 | 709,809 | 1,907 | 26.8 | 51% |
| 2014 | 431,855 | 725,579 | −293,724 | 21.4 | 46% |
| 2015 | 642,422 | 944,095 | −301,673 | 12.6 | 20% |
| 2016 | 1,457,129 | 932,680 | 524,449 | 19.5 | 34% |
| 2017 | 381,467 | 629,665 | −248,198 | 24.1 | 48% |
| 2018 | 435,083 | 763,101 | −328,018 | 14.8 | 45% |
| 2019 | 342,804 | 705,531 | −362,727 | 9.8 | 42% |
| 2020 | 536,815 | 709,152 | −172,337 | 6.8 | 47% |
| 2021 | 938,652 | 685,758 | 252,894 | 11.5 | 50% |
| 2022 | 890,217 | 703,070 | 187,147 | 14.4 | 49% |
| 2023 | 965,781 | 734,691 | 231,090 | 17.6 | 48% |
In its most recent public year (2023), this organization brought in $231,090 more than it spent. Its reserves stood at about 17.6 months of spending, down from 20.1 in 2011. Staff pay was 48% 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
Saratoga Economic Development Corporation'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