everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Knox County Development Corporation

Galesburg, IL / EIN 37-1046950 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201119,1179,07210,0451088.90%
201286,94651,66035,286199.40%
201318,25559,244−40,989165.60%
201421,32615,7995,527625.10%
201522,8279,76713,0601027.20%
201618,51110,3018,210983.50%
201731,33216,12615,206639.60%
201826,18013,59712,583769.60%
201925,76213,89811,864763.20%
202025,61113,41512,196801.60%
202127,81514,88312,932733.00%
202220,9728,68312,2891273.30%
202319,2677,53611,7311485.80%

In its most recent public year (2023), this organization brought in $11,731 more than it spent. Its reserves stood at about 1485.8 months of spending, up from 1088.9 in 2011. 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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