Wayne Area Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 354,839 | 307,181 | 47,658 | 12.1 | 34% |
| 2012 | 426,004 | 411,882 | 14,122 | 9.5 | 26% |
| 2013 | 282,827 | 274,888 | 7,939 | 14.7 | 42% |
| 2014 | 308,473 | 274,788 | 33,685 | 16.1 | 43% |
| 2015 | 272,576 | 288,059 | −15,483 | 14.8 | 40% |
| 2016 | 274,620 | 288,850 | −14,230 | 14.1 | 42% |
| 2017 | 317,128 | 281,508 | 35,620 | 16.0 | 41% |
| 2018 | 278,545 | 302,560 | −24,015 | 13.9 | 43% |
| 2019 | 300,966 | 305,467 | −4,501 | 13.2 | 48% |
| 2020 | 284,108 | 284,502 | −394 | 14.2 | 54% |
| 2021 | 337,459 | 353,651 | −16,192 | 10.9 | 46% |
| 2022 | 392,694 | 365,166 | 27,528 | 11.4 | 39% |
| 2023 | 317,784 | 336,083 | −18,299 | 12.1 | 33% |
In its most recent public year (2023), this organization spent $18,299 more than it brought in. Its reserves stood at about 12.1 months of spending. Staff pay was 33% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works