Employment Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 482,951 | 451,045 | 31,906 | 6.7 | 53% |
| 2012 | 402,999 | 390,899 | 12,100 | 8.1 | 56% |
| 2013 | 509,967 | 508,034 | 1,933 | 6.3 | 49% |
| 2014 | 566,728 | 527,937 | 38,791 | 6.9 | 52% |
| 2015 | 656,256 | 610,929 | 45,327 | 6.9 | 57% |
| 2016 | 1,626,596 | 1,159,779 | 466,817 | 8.5 | 58% |
| 2017 | 2,391,378 | 1,946,353 | 445,025 | 7.8 | 51% |
| 2018 | 3,661,624 | 3,048,864 | 612,760 | 7.4 | 51% |
| 2019 | 3,489,091 | 3,173,690 | 315,401 | 8.3 | 55% |
| 2020 | 2,596,806 | 2,633,117 | −36,311 | 9.8 | 58% |
| 2021 | 2,877,082 | 2,470,883 | 406,199 | 12.4 | 57% |
| 2022 | 2,823,235 | 2,663,621 | 159,614 | 11.9 | 57% |
| 2023 | 2,741,844 | 2,817,508 | −75,664 | 11.7 | 58% |
In its most recent public year (2023), this organization spent $75,664 more than it brought in. Its reserves stood at about 11.7 months of spending, up from 6.7 in 2011. Staff pay was 58% 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
Employment Development 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