Alleghany Highlands Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 721,936 | 644,191 | 77,745 | 3.7 | 18% |
| 2012 | 273,352 | 263,648 | 9,704 | 8.8 | 44% |
| 2013 | 232,278 | 307,727 | −75,449 | 4.6 | 39% |
| 2014 | 237,576 | 278,856 | −41,280 | 3.3 | 46% |
| 2015 | 147,947 | 166,860 | −18,913 | 4.2 | 19% |
| 2016 | 362,935 | 299,330 | 63,605 | 4.9 | 36% |
| 2017 | 365,804 | 343,716 | 22,088 | 5.0 | 44% |
| 2018 | 372,488 | 415,467 | −42,979 | 2.9 | 37% |
| 2019 | 513,013 | 479,341 | 33,672 | 3.4 | 34% |
| 2020 | 579,290 | 537,267 | 42,023 | 3.9 | 29% |
| 2021 | 381,706 | 349,973 | 31,733 | 7.1 | 17% |
| 2022 | 303,268 | 254,190 | 49,078 | 12.1 | 18% |
| 2023 | 239,255 | 199,905 | 39,350 | 17.7 | 30% |
In its most recent public year (2023), this organization brought in $39,350 more than it spent. Its reserves stood at about 17.7 months of spending, up from 3.7 in 2011. Staff pay was 30% of spending. $50,766 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
Alleghany Highlands 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