Burt County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 67,021 | 66,457 | 564 | 34.6 | — |
| 2021 | 70,521 | 58,362 | 12,159 | 41.9 | — |
| 2022 | 69,235 | 110,129 | −40,894 | 20.8 | 41% |
| 2023 | 56,204 | 49,170 | 7,034 | 48.5 | — |
In its most recent public year (2023), this organization brought in $7,034 more than it spent. Its reserves stood at about 48.5 months of spending, up from 34.6 in 2020.
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
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