Greater Kokomo Economic Development Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,112,694 | 1,429,377 | −316,683 | 37.1 | 30% |
| 2021 | 3,502,144 | 1,267,808 | 2,234,336 | 63.0 | 36% |
| 2022 | 5,785,033 | 7,259,219 | −1,474,186 | 8.5 | 7% |
| 2023 | 1,373,474 | 1,381,025 | −7,551 | 33.1 | 24% |
In its most recent public year (2023), this organization spent $7,551 more than it brought in. Its reserves stood at about 33.1 months of spending, down from 37.1 in 2020. Staff pay was 24% of spending. $145,067 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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