Portage Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,638 | 32,697 | −29,059 | 0.8 | 39% |
| 2012 | 145,888 | 130,664 | 15,224 | 1.6 | 60% |
| 2013 | 146,960 | 129,938 | 17,022 | 3.2 | 64% |
| 2014 | 128,440 | 126,708 | 1,732 | 3.4 | 71% |
| 2015 | 130,239 | 125,467 | 4,772 | 3.9 | 76% |
| 2016 | 59,090 | 74,757 | −15,667 | 4.0 | 56% |
| 2017 | 86,210 | 79,940 | 6,270 | 4.7 | 0% |
| 2018 | 103,152 | 63,181 | 39,971 | 13.6 | 67% |
| 2019 | 92,275 | 76,312 | 15,963 | 13.7 | 63% |
| 2021 | 107,229 | 93,445 | 13,784 | 16.4 | 8% |
| 2022 | 120,477 | 115,105 | 5,372 | 13.8 | 75% |
| 2023 | 111,868 | 122,609 | −10,741 | 11.9 | 77% |
In its most recent public year (2023), this organization spent $10,741 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 0.8 in 2011. Staff pay was 77% 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
Portage Economic Development Corp'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