Yadkin County Economic Development Partnership
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 185,213 | 175,814 | 9,399 | 28.0 | 71% |
| 2022 | 236,283 | 203,831 | 32,452 | 26.0 | 68% |
| 2023 | 278,060 | 238,483 | 39,577 | 24.2 | 64% |
| 2024 | 273,413 | 269,516 | 3,897 | 21.6 | 59% |
In its most recent public year (2024), this organization brought in $3,897 more than it spent. Its reserves stood at about 21.6 months of spending, down from 28 in 2021. Staff pay was 59% of spending. $353,890 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 2024. 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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