Adirondack Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 352,172 | 444,645 | −92,473 | 16.3 | 37% |
| 2012 | 414,175 | 394,567 | 19,608 | 19.0 | 43% |
| 2013 | 393,572 | 349,052 | 44,520 | 23.3 | 55% |
| 2014 | 316,483 | 395,352 | −78,869 | 19.2 | 41% |
| 2015 | 348,685 | 474,198 | −125,513 | 12.9 | 36% |
| 2016 | 368,226 | 367,968 | 258 | 16.6 | 50% |
| 2017 | 386,817 | 318,211 | 68,606 | 21.7 | 58% |
| 2018 | 349,227 | 328,356 | 20,871 | 21.8 | 57% |
| 2019 | 286,622 | 333,845 | −47,223 | 19.7 | 53% |
| 2020 | 492,216 | 429,727 | 62,489 | 17.1 | 55% |
| 2021 | 614,778 | 526,118 | 88,660 | 16.0 | 51% |
| 2022 | 1,080,225 | 672,424 | 407,801 | 19.7 | 50% |
| 2023 | 950,209 | 757,038 | 193,171 | 20.6 | 52% |
In its most recent public year (2023), this organization brought in $193,171 more than it spent. Its reserves stood at about 20.6 months of spending, up from 16.3 in 2011. Staff pay was 52% of spending. $23,711 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 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
Adirondack Economic Development Corp's IRS filings as a feed — one entry per filing year, through 2023. 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