Economic Development Alliance Of Bay County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 458,759 | 379,399 | 79,360 | 4.1 | 67% |
| 2013 | 524,711 | 499,444 | 25,267 | 3.7 | 71% |
| 2014 | 602,360 | 531,609 | 70,751 | 5.1 | 60% |
| 2015 | 533,006 | 554,153 | −21,147 | 2.6 | 48% |
| 2016 | 570,567 | 568,697 | 1,870 | 2.6 | 45% |
| 2017 | 660,168 | 640,327 | 19,841 | 2.7 | 50% |
| 2018 | 645,150 | 634,684 | 10,466 | 2.9 | 43% |
| 2019 | 729,214 | 649,963 | 79,251 | 4.3 | 49% |
| 2020 | 738,005 | 601,692 | 136,313 | 7.4 | 53% |
| 2021 | 698,360 | 653,459 | 44,901 | 7.6 | 52% |
| 2022 | 1,214,392 | 1,177,471 | 36,921 | 4.6 | 33% |
| 2023 | 739,140 | 746,896 | −7,756 | 7.1 | 49% |
In its most recent public year (2023), this organization spent $7,756 more than it brought in. Its reserves stood at about 7.1 months of spending, up from 4.1 in 2012. Staff pay was 49% 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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