Fifth District Economic Development Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 212,685 | 113,739 | 98,946 | 140.9 | 75% |
| 2022 | 327,990 | 107,993 | 219,997 | 25.1 | 94% |
| 2023 | 233,829 | 48,603 | 185,226 | 101.5 | 68% |
In its most recent public year (2023), this organization brought in $185,226 more than it spent. Its reserves stood at about 101.5 months of spending, down from 140.9 in 2011. Staff pay was 68% 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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