Decatur-Morgan County Entrepreneurial Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 198,318 | 191,023 | 7,295 | 0.0 | — |
| 2013 | 244,453 | 224,311 | 20,142 | 1.1 | 44% |
| 2014 | 282,954 | 233,477 | 49,477 | 3.6 | 41% |
| 2015 | 162,655 | 207,634 | −44,979 | 1.4 | 41% |
| 2016 | 236,367 | 252,759 | −16,392 | 0.4 | 36% |
| 2017 | 331,808 | 306,209 | 25,599 | 1.3 | 29% |
| 2018 | 367,153 | 307,557 | 59,596 | 3.6 | 30% |
| 2019 | 160,546 | 100,028 | 60,518 | 30.1 | 29% |
| 2020 | 657,672 | 379,599 | 278,073 | 16.7 | 36% |
| 2021 | 530,666 | 460,539 | 70,127 | 15.6 | 34% |
| 2022 | 1,014,855 | 562,433 | 452,422 | 22.4 | 40% |
| 2023 | 1,061,623 | 575,608 | 486,015 | 32.1 | 46% |
In its most recent public year (2023), this organization brought in $486,015 more than it spent. Its reserves stood at about 32.1 months of spending, up from 0 in 2012. Staff pay was 46% of spending. $1,377,444 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 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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