Clarion County Economic Development Corporation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $224,234 | $248,700 | −$24,466 | 87.6 | 39% |
| 2021 | $48,810 | $271,167 | −$222,357 | 70.5 | 33% |
| 2022 | $182,602 | $231,171 | −$48,569 | 80.2 | 41% |
| 2023 | $658,226 | $531,479 | $126,747 | 37.7 | 16% |
In its most recent public year (2023), this organization brought in $126,747 more than it spent. Its reserves stood at about 37.7 months of spending, down from 87.6 in 2020. Staff pay was 16% of spending. $423,561 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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