Economic Development Council Of Northeastern Pennsylvania
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,271,543 | 3,153,514 | 118,029 | 19.1 | 41% |
| 2012 | 3,134,847 | 3,051,214 | 83,633 | 20.1 | 40% |
| 2013 | 2,663,403 | 2,370,599 | 292,804 | 27.3 | 50% |
| 2014 | 2,782,371 | 2,760,255 | 22,116 | 23.6 | 46% |
| 2015 | 3,789,349 | 3,669,743 | 119,606 | 18.1 | 40% |
| 2016 | 3,597,289 | 3,489,215 | 108,074 | 19.4 | 44% |
| 2017 | 3,663,534 | 3,564,757 | 98,777 | 19.4 | 41% |
| 2018 | 3,331,177 | 3,212,556 | 118,621 | 21.9 | 45% |
| 2019 | 3,358,975 | 3,261,862 | 97,113 | 22.0 | 47% |
| 2020 | 3,896,971 | 3,717,832 | 179,139 | 19.8 | 43% |
| 2021 | 7,313,591 | 5,095,653 | 2,217,938 | 19.7 | 33% |
| 2022 | 4,038,523 | 3,693,596 | 344,927 | 28.3 | 49% |
| 2023 | 10,807,310 | 9,411,719 | 1,395,591 | 12.9 | 22% |
In its most recent public year (2023), this organization brought in $1,395,591 more than it spent. Its reserves stood at about 12.9 months of spending, down from 19.1 in 2011. Staff pay was 22% of spending. $8,291,199 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
Economic Development Council Of Northeastern Pennsylvania'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