Edc Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,567,372 | 1,567,296 | 76 | 1.8 | 0% |
| 2012 | 1,687,101 | 1,732,300 | −45,199 | 1.2 | 0% |
| 2013 | 1,555,435 | 1,716,445 | −161,010 | 0.2 | 0% |
| 2014 | 2,092,116 | 1,971,541 | 120,575 | 0.9 | 0% |
| 2015 | 2,304,355 | 2,258,139 | 46,216 | 0.9 | 0% |
| 2016 | 1,323,451 | 1,380,249 | −56,798 | 1.0 | 0% |
| 2017 | 1,226,944 | 1,148,218 | 78,726 | 2.2 | 0% |
| 2018 | 1,284,125 | 948,535 | 335,590 | 6.3 | 0% |
| 2019 | 1,077,581 | 925,551 | 152,030 | 10.9 | 0% |
| 2020 | 872,319 | 865,203 | 7,116 | 12.2 | 0% |
| 2021 | 1,153,460 | 1,001,559 | 151,901 | 12.0 | 0% |
| 2022 | 1,017,373 | 950,774 | 66,599 | 12.4 | 0% |
| 2023 | 1,293,667 | 1,114,024 | 179,643 | 13.2 | 0% |
In its most recent public year (2023), this organization brought in $179,643 more than it spent. Its reserves stood at about 13.2 months of spending, up from 1.8 in 2011. Staff pay was 0% 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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