Phoenix Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 61,231 | 103,954 | −42,723 | 1.9 | 0% |
| 2016 | 58,007 | 96,487 | −38,480 | -2.7 | 0% |
| 2017 | 62,028 | 108,014 | −45,986 | -7.5 | 0% |
| 2018 | 11,050 | 11,000 | 50 | -72.1 | 0% |
| 2019 | 15,000 | 15,000 | 0 | -54.5 | 0% |
| 2021 | 67,644 | 105,259 | −37,615 | -13.2 | 0% |
| 2022 | 68,980 | 95,629 | −26,649 | -18.5 | 0% |
In its most recent public year (2022), this organization spent $26,649 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.5 months), down from 1.9 in 2015. 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 2022. 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
Phoenix Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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