Edgewater Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 70,866 | 80,374 | −9,508 | 0.1 | — |
| 2011 | 157,102 | 152,579 | 4,523 | 0.0 | — |
| 2012 | 106,036 | 152,654 | −46,618 | -3.6 | — |
| 2013 | 116,976 | 99,321 | 17,655 | -3.4 | — |
| 2014 | 77,203 | 93,782 | −16,579 | -5.7 | — |
| 2015 | 112,527 | 92,554 | 19,973 | -3.2 | — |
| 2016 | 106,451 | 101,548 | 4,903 | -2.4 | — |
| 2017 | 94,840 | 84,054 | 10,786 | -1.3 | — |
| 2018 | 86,189 | 82,644 | 3,545 | -0.8 | — |
| 2019 | 91,923 | 81,239 | 10,684 | 74.5 | 43% |
| 2020 | 42,304 | 46,271 | −3,967 | 129.7 | 0% |
| 2021 | 56,065 | 57,698 | −1,633 | 103.7 | 0% |
| 2022 | 42,962 | 45,418 | −2,456 | 131.1 | 0% |
| 2023 | 24,809 | 25,444 | −635 | 233.7 | 75% |
In its most recent public year (2023), this organization spent $635 more than it brought in. Its reserves stood at about 233.7 months of spending, up from 0.1 in 2010. Staff pay was 75% 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
Edgewater 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