Mid-Coast Economic Development Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 87,740 | 98,534 | −10,794 | 1.2 | — |
| 2013 | 106,701 | 104,143 | 2,558 | 1.5 | — |
| 2014 | 132,201 | 112,702 | 19,499 | 3.4 | — |
| 2015 | 110,401 | 135,230 | −24,829 | 0.7 | — |
| 2016 | 101,753 | 113,957 | −12,204 | -0.5 | — |
| 2017 | 148,346 | 118,336 | 30,010 | 2.6 | — |
| 2018 | 177,855 | 146,542 | 31,313 | 4.6 | — |
| 2019 | 151,386 | 155,382 | −3,996 | 4.1 | — |
| 2020 | 129,929 | 130,988 | −1,059 | 4.7 | — |
| 2021 | 195,757 | 192,245 | 3,512 | 3.4 | — |
| 2022 | 167,248 | 170,013 | −2,765 | 3.7 | — |
In its most recent public year (2022), this organization spent $2,765 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 1.2 in 2012.
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 2022. 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
Mid-Coast Economic Development Council's IRS filings as a feed — one entry per filing year, through 2022. 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