Institute For Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 207,511 | 192,665 | 14,846 | 16.3 | 71% |
| 2012 | 191,856 | 160,732 | 31,124 | 21.8 | — |
| 2013 | 82,729 | 137,263 | −54,534 | 20.8 | — |
| 2014 | 82,689 | 164,069 | −81,380 | 11.4 | — |
| 2015 | 155,003 | 148,704 | 6,299 | 13.1 | — |
| 2016 | 392,827 | 382,630 | 10,197 | 5.4 | 34% |
| 2017 | 207,985 | 247,468 | −39,483 | 6.5 | 35% |
| 2018 | 239,035 | 237,790 | 1,245 | 10.2 | 0% |
| 2019 | 304,794 | 228,862 | 75,932 | 14.6 | 0% |
| 2020 | 657,766 | 410,286 | 247,480 | 15.4 | 0% |
| 2021 | 732,750 | 410,920 | 321,830 | 24.8 | 0% |
| 2022 | 960,990 | 233,213 | 727,777 | 81.1 | 0% |
| 2023 | 889,100 | 1,228,778 | −339,678 | 12.1 | 0% |
In its most recent public year (2023), this organization spent $339,678 more than it brought in. Its reserves stood at about 12.1 months of spending, down from 16.3 in 2011. Staff pay was 0% of spending. $1,060,698 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
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