Lees Summit Economic Development Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 593,308 | 561,698 | 31,610 | 9.9 | 67% |
| 2012 | 548,361 | 535,646 | 12,715 | 10.7 | 69% |
| 2013 | 545,213 | 651,485 | −106,272 | 7.0 | 72% |
| 2014 | 581,777 | 612,933 | −31,156 | 7.1 | 44% |
| 2015 | 515,526 | 408,005 | 107,521 | 12.9 | 55% |
| 2016 | 504,533 | 484,983 | 19,550 | 11.0 | 44% |
| 2017 | 536,427 | 524,515 | 11,912 | 10.5 | 48% |
| 2018 | 597,143 | 599,005 | −1,862 | 7.0 | 56% |
| 2019 | 616,316 | 574,237 | 42,079 | 8.3 | 57% |
| 2020 | 641,305 | 566,895 | 74,410 | 9.9 | 58% |
| 2021 | 600,128 | 545,037 | 55,091 | 11.5 | 60% |
| 2022 | 523,598 | 584,871 | −61,273 | 9.4 | 18% |
| 2023 | 305,733 | 446,197 | −140,464 | 8.6 | 61% |
In its most recent public year (2023), this organization spent $140,464 more than it brought in. Its reserves stood at about 8.6 months of spending, down from 9.9 in 2011. Staff pay was 61% 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
Lees Summit Economic Development Council'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