Montgomery County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 71,913 | 57,521 | 14,392 | 1.1 | — |
| 2012 | 65,590 | 49,311 | 16,279 | 5.3 | — |
| 2013 | 68,210 | 47,040 | 21,170 | 10.9 | — |
| 2014 | 69,768 | 50,344 | 19,424 | 14.8 | — |
| 2015 | 158,778 | 47,146 | 111,632 | 44.2 | — |
| 2016 | 102,219 | 71,736 | 30,483 | 34.2 | — |
| 2017 | 124,208 | 107,487 | 16,721 | 24.7 | — |
| 2018 | 164,255 | 114,452 | 49,803 | 28.4 | — |
| 2019 | 108,401 | 124,683 | −16,282 | 24.5 | — |
| 2020 | 137,723 | 124,323 | 13,400 | 25.9 | — |
| 2021 | 107,645 | 108,563 | −918 | 29.5 | — |
| 2022 | 69,255 | 109,049 | −39,794 | 25.0 | — |
| 2023 | 91,382 | 91,330 | 52 | 29.9 | — |
In its most recent public year (2023), this organization brought in $52 more than it spent. Its reserves stood at about 29.9 months of spending, up from 1.1 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
Montgomery 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