Economic Development Growth Enterprises Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,659,174 | 11,879,845 | 1,779,329 | 27.6 | 8% |
| 2012 | 8,318,562 | 6,932,062 | 1,386,500 | 49.7 | 13% |
| 2013 | 4,284,322 | 4,602,447 | −318,125 | 74.1 | 20% |
| 2014 | 7,847,678 | 7,540,957 | 306,721 | 45.7 | 13% |
| 2015 | 13,977,056 | 14,223,046 | −245,990 | 24.0 | 7% |
| 2016 | 35,310,327 | 35,943,898 | −633,571 | 9.2 | 3% |
| 2017 | 31,453,941 | 32,576,599 | −1,122,658 | 9.6 | 3% |
| 2018 | 9,926,589 | 9,989,307 | −62,718 | 31.3 | 12% |
| 2019 | 16,817,671 | 7,554,826 | 9,262,845 | 37.0 | 16% |
| 2020 | 9,405,181 | 5,594,223 | 3,810,958 | 58.8 | 22% |
| 2021 | 3,664,365 | 3,765,758 | −101,393 | 87.8 | 35% |
| 2022 | 5,942,134 | 5,992,359 | −50,225 | 55.0 | 19% |
| 2023 | 8,193,120 | 8,325,396 | −132,276 | 39.4 | 15% |
In its most recent public year (2023), this organization spent $132,276 more than it brought in. Its reserves stood at about 39.4 months of spending, up from 27.6 in 2011. Staff pay was 15% of spending. $60,350 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
Economic Development Growth Enterprises 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