Fulton Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 236,473 | 295,106 | −58,633 | 23.7 | 40% |
| 2012 | 333,119 | 386,155 | −53,036 | 17.7 | 41% |
| 2013 | 440,894 | 451,487 | −10,593 | 18.0 | 43% |
| 2014 | 1,901,363 | 1,454,424 | 446,939 | 9.3 | 14% |
| 2015 | 616,438 | 562,386 | 54,052 | 25.1 | 21% |
| 2016 | 607,606 | 595,754 | 11,852 | 23.9 | 19% |
| 2017 | 688,114 | 707,613 | −19,499 | 19.8 | 16% |
| 2018 | 648,981 | 625,076 | 23,905 | 22.9 | 17% |
| 2019 | 530,234 | 545,139 | −14,905 | 25.9 | 19% |
| 2020 | 911,123 | 794,459 | 116,664 | 19.6 | 14% |
| 2021 | 911,441 | 833,564 | 77,877 | 20.1 | 12% |
| 2022 | 735,312 | 632,154 | 103,158 | 28.4 | 10% |
| 2023 | 707,523 | 726,887 | −19,364 | 24.4 | 25% |
In its most recent public year (2023), this organization spent $19,364 more than it brought in. Its reserves stood at about 24.4 months of spending. Staff pay was 25% of spending. $156,149 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
Fulton Economic Development Corporation'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