Gibson County Economic Developmentcorporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 249,569 | 212,291 | 37,278 | 16.6 | 49% |
| 2012 | 322,230 | 259,892 | 62,338 | 16.5 | 40% |
| 2013 | 303,008 | 175,666 | 127,342 | 33.0 | 58% |
| 2014 | 332,944 | 271,880 | 61,064 | 24.4 | 38% |
| 2015 | 293,673 | 216,688 | 76,985 | 34.9 | 50% |
| 2016 | 316,213 | 239,969 | 76,244 | 32.6 | 36% |
| 2017 | 258,566 | 189,014 | 69,552 | 43.7 | 39% |
| 2018 | 275,501 | 341,772 | −66,271 | 21.8 | 35% |
| 2019 | 413,882 | 293,002 | 120,880 | 30.5 | 43% |
| 2020 | 437,598 | 384,946 | 52,652 | 24.8 | 32% |
| 2021 | 255,721 | 285,287 | −29,566 | 33.4 | 35% |
| 2022 | 321,567 | 297,758 | 23,809 | 33.1 | 36% |
| 2023 | 365,745 | 394,842 | −29,097 | 24.0 | 28% |
In its most recent public year (2023), this organization spent $29,097 more than it brought in. Its reserves stood at about 24 months of spending, up from 16.6 in 2011. Staff pay was 28% 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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