Knox County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 705,981 | 536,031 | 169,950 | 115.1 | 9% |
| 2012 | 528,046 | 878,719 | −350,673 | 65.4 | 6% |
| 2013 | 1,244,970 | 3,197,843 | −1,952,873 | 10.7 | 2% |
| 2014 | 1,711,109 | 2,246,473 | −535,364 | 12.3 | 6% |
| 2015 | 1,669,362 | 445,157 | 1,224,205 | 95.1 | 49% |
| 2016 | 736,671 | 638,548 | 98,123 | 68.1 | 35% |
| 2017 | 1,033,725 | 421,370 | 612,355 | 120.7 | 51% |
| 2018 | 2,415,810 | 381,413 | 2,034,397 | 197.3 | 51% |
| 2019 | 592,653 | 362,020 | 230,633 | 215.6 | 54% |
| 2020 | 465,320 | 1,093,114 | −627,794 | 64.5 | 15% |
| 2021 | 518,668 | 898,396 | −379,728 | 73.4 | 22% |
| 2022 | 539,271 | 515,898 | 23,373 | 128.4 | 40% |
| 2023 | 611,413 | 505,235 | 106,178 | 133.6 | 43% |
In its most recent public year (2023), this organization brought in $106,178 more than it spent. Its reserves stood at about 133.6 months of spending, up from 115.1 in 2011. Staff pay was 43% 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
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