Liberty Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,539 | 123,695 | −3,156 | 2.6 | — |
| 2012 | 146,244 | 121,068 | 25,176 | 4.5 | — |
| 2013 | 122,425 | 133,801 | −11,376 | 3.0 | — |
| 2014 | 138,876 | 128,511 | 10,365 | 4.1 | — |
| 2015 | 140,929 | 148,326 | −7,397 | 3.0 | — |
| 2016 | 136,129 | 141,957 | −5,828 | 2.6 | — |
| 2017 | 123,250 | 85,947 | 37,303 | 9.5 | — |
| 2018 | 168,702 | 145,841 | 22,861 | 7.5 | — |
| 2019 | 155,145 | 166,079 | −10,934 | 5.8 | — |
| 2020 | 175,915 | 178,617 | −2,702 | 5.2 | — |
| 2021 | 179,938 | 187,965 | −8,027 | 4.4 | — |
| 2022 | 217,855 | 214,837 | 3,018 | 4.0 | 60% |
| 2023 | 187,840 | 198,915 | −11,075 | 3.7 | 63% |
In its most recent public year (2023), this organization spent $11,075 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 2.6 in 2011. Staff pay was 63% 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
Liberty 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