Linden Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 70,038 | 58,426 | 11,612 | 16.1 | — |
| 2021 | 75,031 | 83,772 | −8,741 | 10.0 | — |
| 2022 | 85,039 | 73,704 | 11,335 | 13.2 | — |
| 2023 | 125,048 | 97,045 | 28,003 | 13.5 | — |
In its most recent public year (2023), this organization brought in $28,003 more than it spent. Its reserves stood at about 13.5 months of spending, down from 16.1 in 2020.
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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