Hancock County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,178 | 38,789 | 6,389 | 18.3 | — |
| 2012 | 70,190 | 69,911 | 279 | 10.2 | — |
| 2013 | 82,623 | 73,551 | 9,072 | 11.2 | — |
| 2014 | 85,665 | 79,616 | 6,049 | 11.2 | — |
| 2015 | 89,259 | 92,009 | −2,750 | 9.4 | — |
| 2016 | 102,639 | 98,642 | 3,997 | 9.2 | — |
| 2017 | 98,889 | 96,548 | 2,341 | 9.7 | — |
| 2018 | 139,721 | 137,567 | 2,154 | 7.0 | — |
| 2019 | 146,462 | 142,999 | 3,463 | 7.0 | 47% |
| 2020 | 128,821 | 118,351 | 10,470 | 9.4 | 56% |
| 2021 | 194,982 | 167,678 | 27,304 | 8.6 | 34% |
| 2022 | 139,049 | 141,160 | −2,111 | 10.1 | 0% |
| 2023 | 146,073 | 153,713 | −7,640 | 8.6 | 0% |
In its most recent public year (2023), this organization spent $7,640 more than it brought in. Its reserves stood at about 8.6 months of spending, down from 18.3 in 2011. Staff pay was 0% 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
Hancock County 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