Scotland County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,585,479 | 478,190 | 1,107,289 | 44.8 | 0% |
| 2014 | 175,206 | 113,451 | 61,755 | 195.3 | 0% |
| 2015 | 480,412 | 138,340 | 342,072 | 189.9 | 0% |
| 2016 | 261,014 | 110,831 | 150,183 | 254.3 | 0% |
| 2017 | 979,100 | 253,182 | 725,918 | 151.7 | 0% |
| 2018 | 682,731 | 1,564,947 | −882,216 | 18.6 | 0% |
| 2019 | 995,099 | 218,074 | 777,025 | 176.0 | 0% |
| 2020 | 625,552 | 280,989 | 344,563 | 151.3 | 0% |
| 2021 | 413,362 | 305,362 | 108,000 | 143.5 | 0% |
| 2022 | 568,214 | 267,954 | 300,260 | 176.9 | 0% |
| 2023 | 2,904,180 | 359,022 | 2,545,158 | 207.5 | 0% |
In its most recent public year (2023), this organization brought in $2,545,158 more than it spent. Its reserves stood at about 207.5 months of spending, up from 44.8 in 2013. 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
Scotland 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