The Greater Beloit Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 90,700 | 128,084 | −37,384 | 35.6 | 30% |
| 2012 | 139,388 | 95,739 | 43,649 | 53.1 | 23% |
| 2013 | 134,585 | 109,680 | 24,905 | 49.1 | 0% |
| 2014 | 128,098 | 319,722 | −191,624 | 9.6 | 0% |
| 2015 | 121,846 | 115,540 | 6,306 | 27.3 | 0% |
| 2016 | 117,498 | 106,436 | 11,062 | 30.9 | 0% |
| 2017 | 170,741 | 148,840 | 21,901 | 270.7 | 0% |
| 2018 | 131,030 | 69,965 | 61,065 | 586.3 | 0% |
| 2019 | 119,016 | 79,340 | 39,676 | 412.3 | 0% |
| 2020 | 101,293 | 610,851 | −509,558 | 30.0 | 0% |
| 2021 | 106,256 | 455,638 | −349,382 | 31.0 | 0% |
| 2022 | 238,569 | 165,845 | 72,724 | 90.4 | 0% |
| 2023 | 159,854 | 132,173 | 27,681 | 115.9 | 0% |
In its most recent public year (2023), this organization brought in $27,681 more than it spent. Its reserves stood at about 115.9 months of spending, up from 35.6 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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