St Marys Area Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,161 | 21,583 | 27,578 | 470.0 | 49% |
| 2012 | 50,880 | 21,040 | 29,840 | 499.1 | 54% |
| 2013 | 45,560 | 26,991 | 18,569 | 397.3 | 42% |
| 2014 | 74,546 | 32,739 | 41,807 | 342.9 | 46% |
| 2015 | 65,437 | 30,645 | 34,792 | 380.0 | 43% |
| 2016 | 42,888 | 29,616 | 13,272 | 398.5 | 45% |
| 2017 | 102,567 | 30,344 | 72,223 | 417.5 | 44% |
| 2018 | 48,042 | 34,155 | 13,887 | 355.0 | 48% |
| 2019 | 36,771 | 35,696 | 1,075 | 340.0 | 46% |
| 2020 | 42,787 | 36,934 | 5,853 | 330.5 | 45% |
In its most recent public year (2020), this organization brought in $5,853 more than it spent. Its reserves stood at about 330.5 months of spending, down from 470 in 2011. Staff pay was 45% 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 2020. 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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