Leeds Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 29,986 | 39,773 | −9,787 | 43.8 | — |
| 2011 | 48,831 | 33,292 | 15,539 | 57.9 | — |
| 2012 | 57,829 | 29,266 | 28,563 | 77.5 | — |
| 2013 | 53,469 | 40,710 | 12,759 | 59.5 | 0% |
| 2014 | 55,955 | 48,799 | 7,156 | 51.4 | 0% |
| 2015 | 56,386 | 51,570 | 4,816 | 49.8 | 0% |
| 2016 | 63,373 | 34,427 | 28,946 | 84.6 | 0% |
| 2017 | 56,850 | 49,127 | 7,723 | 61.2 | 0% |
| 2018 | 84,019 | 55,457 | 28,562 | 59.9 | 0% |
| 2019 | 81,953 | 74,585 | 7,368 | 46.0 | 0% |
| 2020 | 340,282 | 41,699 | 298,583 | 169.0 | 0% |
| 2021 | 348,905 | 128,927 | 219,978 | 75.1 | 0% |
| 2022 | 279,437 | 173,252 | 106,185 | 63.3 | 0% |
| 2023 | 296,461 | 209,414 | 87,047 | 57.3 | 0% |
In its most recent public year (2023), this organization brought in $87,047 more than it spent. Its reserves stood at about 57.3 months of spending, up from 43.8 in 2010. 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
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