Finley Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 37,754 | 17,640 | 20,114 | 225.4 | 0% |
| 2020 | 37,670 | 20,769 | 16,901 | 201.2 | 0% |
| 2021 | 43,454 | 16,417 | 27,037 | 271.1 | 0% |
| 2022 | 40,545 | 16,096 | 24,449 | 294.7 | 0% |
| 2023 | 4,046 | 8,804 | −4,758 | 532.3 | 0% |
In its most recent public year (2023), this organization spent $4,758 more than it brought in. Its reserves stood at about 532.3 months of spending, up from 225.4 in 2019. Staff pay was 0% 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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