Lawrence County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 374,767 | 442,050 | −67,283 | 321.0 | 43% |
| 2012 | 837,098 | 428,636 | 408,462 | 342.4 | 40% |
| 2013 | 1,856,435 | 491,396 | 1,365,039 | 332.0 | 37% |
| 2014 | 1,652,216 | 508,062 | 1,144,154 | 348.2 | 37% |
| 2015 | 616,049 | 667,841 | −51,792 | 263.9 | 31% |
| 2016 | 1,965,297 | 1,896,550 | 68,747 | 93.4 | 10% |
| 2017 | 1,186,228 | 920,234 | 265,994 | 15.2 | 0% |
| 2018 | 871,332 | 634,847 | 236,485 | 26.5 | 0% |
| 2019 | 669,552 | 688,704 | −19,152 | 24.1 | 0% |
| 2020 | 610,008 | 614,674 | −4,666 | 26.9 | 0% |
| 2021 | 659,859 | 817,422 | −157,563 | 17.9 | 0% |
| 2022 | 3,062,181 | 2,643,599 | 418,582 | 7.4 | 0% |
| 2023 | 4,056,402 | 671,398 | 3,385,004 | 89.8 | 0% |
In its most recent public year (2023), this organization brought in $3,385,004 more than it spent. Its reserves stood at about 89.8 months of spending, down from 321 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
Lawrence County Economic Development Corporation'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