Essex County Industrial Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 441,307 | 378,476 | 62,831 | 251.5 | 39% |
| 2012 | 706,275 | 341,065 | 365,210 | 292.6 | 43% |
| 2013 | 381,318 | 410,794 | −29,476 | 242.1 | 36% |
| 2014 | 371,342 | 331,581 | 39,761 | 301.3 | 46% |
| 2015 | 353,012 | 351,520 | 1,492 | 284.0 | 44% |
| 2016 | 358,114 | 396,181 | −38,067 | 244.5 | 41% |
| 2017 | 809,627 | 870,988 | −61,361 | 110.4 | 19% |
| 2018 | 684,658 | 757,195 | −72,537 | 111.1 | 22% |
| 2019 | 562,506 | 690,708 | −128,202 | 119.5 | 25% |
| 2020 | 381,940 | 555,081 | −173,141 | 145.0 | 32% |
| 2021 | 680,003 | 618,019 | 61,984 | 131.4 | 31% |
| 2022 | 977,916 | 423,992 | 553,924 | 207.2 | 43% |
| 2023 | 839,644 | 733,811 | 105,833 | 121.5 | 26% |
In its most recent public year (2023), this organization brought in $105,833 more than it spent. Its reserves stood at about 121.5 months of spending, down from 251.5 in 2011. Staff pay was 26% of spending. $5,425,409 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works