Marlborough Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 294,750 | 260,132 | 34,618 | 4.4 | 43% |
| 2012 | 432,887 | 352,056 | 80,831 | 6.0 | 43% |
| 2013 | 377,904 | 511,520 | −133,616 | 1.0 | 31% |
| 2014 | 511,806 | 442,805 | 69,001 | 3.0 | 38% |
| 2015 | 513,915 | 470,711 | 43,204 | 4.0 | 39% |
| 2016 | 731,913 | 537,922 | 193,991 | 7.8 | 37% |
| 2017 | 725,260 | 552,405 | 172,855 | 11.3 | 32% |
| 2018 | 769,156 | 717,482 | 51,674 | 9.6 | 33% |
| 2019 | 673,497 | 714,715 | −41,218 | 9.0 | 32% |
| 2020 | 1,104,323 | 741,244 | 363,079 | 14.5 | 17% |
| 2021 | 641,706 | 757,220 | −115,514 | 20.1 | 14% |
| 2022 | 715,511 | 736,516 | −21,005 | 20.3 | 33% |
| 2023 | 1,008,194 | 903,545 | 104,649 | 18.0 | 29% |
| 2024 | 1,040,121 | 1,002,816 | 37,305 | 16.6 | 29% |
In its most recent public year (2024), this organization brought in $37,305 more than it spent. Its reserves stood at about 16.6 months of spending, up from 4.4 in 2011. Staff pay was 29% of spending. $1,082,615 of its net assets are donor-restricted.
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
Marlborough 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