Middletown Area Development Enterprise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,365 | 1,754 | 2,611 | 2943.8 | — |
| 2012 | 2,610 | 2,010 | 600 | 2572.4 | — |
| 2013 | 2,183 | 1,888 | 295 | 2740.5 | — |
| 2014 | 1,590 | 2,025 | −435 | 2552.5 | — |
| 2015 | 1,120 | 4,110 | −2,990 | 1248.9 | — |
| 2016 | 421 | 2,745 | −2,324 | 1859.8 | — |
| 2017 | 104,937 | 13,662 | 91,275 | 453.8 | 0% |
| 2018 | 3,039 | 8,894 | −5,855 | 689.2 | 0% |
| 2019 | 3,161 | 1,170 | 1,991 | 5259.9 | 0% |
| 2020 | 1,452 | 5,500 | −4,048 | 1110.1 | 0% |
| 2021 | 33,584 | 397 | 33,187 | 16382.1 | 0% |
| 2022 | 1,709 | 300 | 1,409 | 21735.4 | 0% |
| 2023 | 15,727 | 362 | 15,365 | 18522.1 | 0% |
In its most recent public year (2023), this organization brought in $15,365 more than it spent. Its reserves stood at about 18522.1 months of spending, up from 2943.8 in 2011. Staff pay was 0% 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
Middletown Area Development Enterprise Inc'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