Kerr-Tar Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 319,855 | 575,063 | −255,208 | 37.1 | 0% |
| 2012 | 750,847 | 1,327,561 | −576,714 | 10.9 | 0% |
| 2013 | 1,177,841 | 1,038,316 | 139,525 | 15.5 | 0% |
| 2014 | 1,209,148 | 937,656 | 271,492 | 20.7 | 0% |
| 2015 | 148,787 | 213,961 | −65,174 | 86.9 | 0% |
| 2016 | 153,807 | 216,587 | −62,780 | 82.3 | 0% |
| 2017 | 154,911 | 157,127 | −2,216 | 113.3 | 0% |
| 2018 | 5,947,456 | 168,177 | 5,779,279 | 518.2 | 0% |
| 2019 | 362,406 | 340,127 | 22,279 | 257.0 | 0% |
| 2020 | 266,592 | 304,908 | −38,316 | 285.2 | 0% |
| 2021 | 591,746 | 303,214 | 288,532 | 298.2 | 0% |
| 2022 | 204,730 | 263,703 | −58,973 | 340.3 | 0% |
| 2023 | 279,831 | 280,300 | −469 | 320.2 | 0% |
| 2024 | 303,547 | 394,497 | −90,950 | 224.7 | 0% |
In its most recent public year (2024), this organization spent $90,950 more than it brought in. Its reserves stood at about 224.7 months of spending, up from 37.1 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 2024. 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
Kerr-Tar Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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