Great River Economic Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 358,727 | 509,846 | −151,119 | 23.9 | 43% |
| 2012 | 330,101 | 398,521 | −68,420 | 29.0 | 47% |
| 2013 | 271,830 | 429,385 | −157,555 | 23.1 | 45% |
| 2014 | 520,470 | 474,725 | 45,745 | 21.5 | 43% |
| 2015 | 390,617 | 489,954 | −99,337 | 18.0 | 46% |
| 2016 | 440,969 | 475,880 | −34,911 | 18.1 | 49% |
| 2017 | 360,596 | 400,932 | −40,336 | 21.8 | 59% |
| 2018 | 338,729 | 401,285 | −62,556 | 18.1 | 59% |
| 2019 | 366,443 | 398,187 | −31,744 | 17.7 | 60% |
| 2020 | 393,867 | 380,411 | 13,456 | 19.8 | 62% |
| 2021 | 459,817 | 416,579 | 43,238 | 18.7 | 63% |
| 2022 | 325,942 | 418,254 | −92,312 | 16.0 | 57% |
| 2023 | 537,910 | 418,520 | 119,390 | 19.1 | 56% |
In its most recent public year (2023), this organization brought in $119,390 more than it spent. Its reserves stood at about 19.1 months of spending, down from 23.9 in 2011. Staff pay was 56% 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
Great River Economic Development Foundation'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