Adams Community Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 217,362 | 127,547 | 89,815 | 112.2 | 0% |
| 2012 | 0 | 120,451 | −120,451 | 125.6 | 0% |
| 2013 | 127,463 | 71,760 | 55,703 | 219.9 | 0% |
| 2014 | 177,214 | 155,306 | 21,908 | 104.6 | 44% |
| 2015 | 191,306 | 186,616 | 4,690 | 87.3 | 39% |
| 2016 | 258,108 | 175,893 | 82,215 | 89.8 | 39% |
| 2017 | 213,244 | 156,752 | 56,492 | 105.1 | 47% |
| 2018 | 181,192 | 327,267 | −146,075 | 45.0 | 24% |
| 2019 | 557,200 | 665,922 | −108,722 | 20.1 | 13% |
| 2020 | 260,841 | 182,872 | 77,969 | 78.5 | 47% |
| 2021 | 20,474 | 184,818 | −164,344 | 67.6 | 48% |
| 2022 | 208,987 | 179,582 | 29,405 | 70.6 | 46% |
| 2023 | 363,571 | 176,636 | 186,935 | 84.5 | 51% |
In its most recent public year (2023), this organization brought in $186,935 more than it spent. Its reserves stood at about 84.5 months of spending, down from 112.2 in 2011. Staff pay was 51% 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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