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

Lincoln County Enterprise Development Corporation

Ivanhoe, MN / EIN 41-1676839 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201183,52760,32023,2078.9
201269,48471,801−2,3177.1
201362,02681,964−19,9383.3
201456,98757,833−8464.5
201557,22659,882−2,6563.8
201677,62283,417−5,7951.9
201757,60060,083−2,4832.1
201870,20069,5826181.9
201977,55068,5978,9533.5
202074,25070,2084,0424.1
202181,80069,39012,4106.3
202279,96381,390−1,4275.2
202376,05072,9413,1096.3

In its most recent public year (2023), this organization brought in $3,109 more than it spent. Its reserves stood at about 6.3 months of spending, down from 8.9 in 2011.

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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