Vernon Economic Development Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 214,916 | 226,374 | −11,458 | 86.6 | 21% |
| 2012 | 2,073,055 | 360,789 | 1,712,266 | 111.3 | 13% |
| 2013 | 743,727 | 471,493 | 272,234 | 92.1 | 0% |
| 2014 | 490,374 | 545,891 | −55,517 | 78.3 | 0% |
| 2015 | 591,136 | 558,774 | 32,362 | 79.2 | 11% |
| 2016 | 555,102 | 532,464 | 22,638 | 83.7 | 14% |
| 2017 | 695,397 | 519,085 | 176,312 | 89.9 | 14% |
| 2018 | 669,011 | 523,039 | 145,972 | 92.6 | 0% |
| 2019 | 661,505 | 545,742 | 115,763 | 91.3 | 0% |
| 2020 | 804,425 | 523,942 | 280,483 | 101.5 | 14% |
| 2021 | 534,228 | 499,563 | 34,665 | 107.3 | 15% |
| 2022 | 366,888 | 430,535 | −63,647 | 122.7 | 17% |
| 2023 | 544,150 | 456,885 | 87,265 | 117.9 | 18% |
In its most recent public year (2023), this organization brought in $87,265 more than it spent. Its reserves stood at about 117.9 months of spending, up from 86.6 in 2011. Staff pay was 18% 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
Vernon Economic Development Association Inc'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