Franklin County Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,335 | 19,759 | 42,576 | 1612.5 | 0% |
| 2012 | 244,305 | 12,969 | 231,336 | 2670.9 | 0% |
| 2013 | 300,023 | 9,380 | 290,643 | 4064.6 | 0% |
| 2014 | 171,172 | 373,916 | −202,744 | 95.4 | 0% |
| 2015 | 216,789 | 17,530 | 199,259 | 2171.3 | 0% |
| 2016 | 194,748 | 324,096 | −129,348 | 112.7 | 0% |
| 2017 | 156,075 | 8,826 | 147,249 | 4336.9 | 0% |
| 2018 | 207,609 | 39,034 | 168,575 | 1032.5 | 0% |
| 2019 | 520,566 | 421,052 | 99,514 | 98.6 | 29% |
| 2020 | 732,965 | 688,371 | 44,594 | 61.1 | 34% |
| 2021 | 376,410 | 898,708 | −522,298 | 39.8 | 20% |
| 2022 | 888,839 | 1,321,109 | −432,270 | 23.1 | 14% |
| 2023 | 656,958 | 771,360 | −114,402 | 37.8 | 20% |
In its most recent public year (2023), this organization spent $114,402 more than it brought in. Its reserves stood at about 37.8 months of spending, down from 1612.5 in 2011. Staff pay was 20% 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
Franklin County Local 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