Centralina Economic Development Commission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 190,985 | 183,068 | 7,917 | 2.2 | — |
| 2021 | 318,967 | 311,653 | 7,314 | 1.6 | 0% |
| 2022 | 577,620 | 574,216 | 3,404 | 0.9 | 0% |
| 2023 | 228,144 | 227,207 | 937 | 2.4 | 0% |
In its most recent public year (2023), this organization brought in $937 more than it spent. Its reserves stood at about 2.4 months of spending. 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
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