Kendall County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 313,466 | 269,130 | 44,336 | 17.2 | 63% |
| 2021 | 385,544 | 315,060 | 70,484 | 17.2 | 60% |
| 2022 | 377,688 | 399,932 | −22,244 | 12.4 | 54% |
| 2023 | 377,367 | 343,282 | 34,085 | 16.1 | 62% |
In its most recent public year (2023), this organization brought in $34,085 more than it spent. Its reserves stood at about 16.1 months of spending, down from 17.2 in 2020. Staff pay was 62% 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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