Alto Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 58,448 | 34,480 | 23,968 | 28.3 | — |
| 2012 | 58,426 | 54,885 | 3,541 | 18.8 | — |
| 2013 | 57,981 | 46,552 | 11,429 | 25.2 | — |
| 2014 | 60,823 | 43,680 | 17,143 | 31.7 | — |
| 2015 | 63,505 | 41,349 | 22,156 | 39.7 | — |
| 2016 | 53,397 | 43,819 | 9,578 | 40.1 | — |
| 2017 | 52,581 | 65,414 | −12,833 | 19.4 | — |
| 2018 | 54,071 | 46,446 | 7,625 | 29.3 | — |
| 2019 | 291,118 | 47,959 | 243,159 | 89.2 | 54% |
| 2020 | 50,818 | 75,402 | −24,584 | 52.8 | — |
| 2021 | 81,315 | 65,154 | 16,161 | 64.0 | — |
| 2022 | 81,758 | 61,252 | 20,506 | 72.1 | — |
| 2023 | 105,658 | 67,223 | 38,435 | 72.5 | — |
In its most recent public year (2023), this organization brought in $38,435 more than it spent. Its reserves stood at about 72.5 months of spending, up from 28.3 in 2011.
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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