Southeast Texas Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 369,874 | 226,631 | 143,243 | 15.3 | 0% |
| 2012 | 238,987 | 224,576 | 14,411 | 16.2 | 0% |
| 2013 | 289,058 | 356,967 | −67,909 | 7.9 | 0% |
| 2014 | 271,792 | 265,714 | 6,078 | 10.9 | 0% |
| 2015 | 255,829 | 263,687 | −7,858 | 10.9 | 0% |
| 2016 | 207,270 | 233,107 | −25,837 | 10.9 | 0% |
| 2017 | 207,771 | 210,973 | −3,202 | 11.8 | 21% |
| 2018 | 210,847 | 240,344 | −29,497 | 8.9 | 37% |
| 2019 | 249,054 | 272,089 | −23,035 | 6.9 | 34% |
| 2020 | 262,798 | 284,086 | −21,288 | 5.7 | 24% |
| 2021 | 291,516 | 261,633 | 29,883 | 7.6 | 32% |
| 2022 | 258,241 | 241,075 | 17,166 | 9.1 | 33% |
| 2023 | 267,013 | 261,062 | 5,951 | 8.7 | 32% |
In its most recent public year (2023), this organization brought in $5,951 more than it spent. Its reserves stood at about 8.7 months of spending, down from 15.3 in 2011. Staff pay was 32% of spending. $21,420 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
Southeast Texas Economic Development Foundation Inc'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