Marion Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 592,956 | 413,418 | 179,538 | 18.8 | 16% |
| 2012 | 891,096 | 414,449 | 476,647 | 31.0 | 16% |
| 2013 | 702,846 | 571,372 | 131,474 | 25.3 | 10% |
| 2014 | 2,358,090 | 1,780,484 | 577,606 | 12.5 | 5% |
| 2015 | 5,303,780 | 360,779 | 4,943,001 | 254.9 | 35% |
| 2016 | 279,475 | 278,255 | 1,220 | 332.0 | 57% |
| 2017 | 272,841 | 271,099 | 1,742 | 341.2 | 66% |
| 2018 | 574,250 | 573,742 | 508 | 154.5 | 31% |
| 2019 | 365,747 | 357,518 | 8,229 | 248.2 | 55% |
| 2020 | 662,428 | 786,472 | −124,044 | 154.4 | 30% |
| 2021 | 1,299,817 | 970,532 | 329,285 | 129.2 | 29% |
| 2022 | 882,633 | 708,220 | 174,413 | 180.0 | 41% |
| 2023 | 496,769 | 496,685 | 84 | 256.7 | 57% |
In its most recent public year (2023), this organization brought in $84 more than it spent. Its reserves stood at about 256.7 months of spending, up from 18.8 in 2011. Staff pay was 57% 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
Marion Economic Development Corp'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