Alamance County Economic Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,679 | 267,664 | −98,985 | 9.3 | — |
| 2012 | 368,367 | 246,583 | 121,784 | 16.0 | 27% |
| 2013 | 444,887 | 314,976 | 129,911 | 17.5 | 21% |
| 2014 | 417,193 | 222,275 | 194,918 | 35.3 | 30% |
| 2015 | 403,443 | 146,925 | 256,518 | 74.4 | 50% |
| 2016 | 310,444 | 346,461 | −36,017 | 30.3 | 27% |
| 2017 | 536,444 | 506,162 | 30,282 | 21.4 | 19% |
| 2018 | 428,719 | 247,454 | 181,265 | 52.7 | 41% |
| 2019 | 387,948 | 283,302 | 104,646 | 50.4 | 30% |
| 2020 | 391,475 | 288,424 | 103,051 | 53.8 | 21% |
| 2021 | 415,570 | 354,129 | 61,441 | 45.9 | 25% |
| 2022 | 569,833 | 472,739 | 97,094 | 36.9 | 19% |
| 2023 | 400,737 | 398,302 | 2,435 | 43.8 | 29% |
In its most recent public year (2023), this organization brought in $2,435 more than it spent. Its reserves stood at about 43.8 months of spending, up from 9.3 in 2011. Staff pay was 29% of spending. $30,703 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
Alamance County Economic Development Foundation'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