Economic Development Corporation Of Sarasota County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,556,556 | 1,520,481 | 36,075 | 3.7 | 59% |
| 2021 | 1,438,382 | 1,380,874 | 57,508 | 4.6 | 59% |
| 2022 | 1,469,712 | 1,384,300 | 85,412 | 5.3 | 72% |
| 2023 | 1,429,822 | 1,419,814 | 10,008 | 5.3 | 48% |
In its most recent public year (2023), this organization brought in $10,008 more than it spent. Its reserves stood at about 5.3 months of spending, up from 3.7 in 2020. 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
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