Greater Gallup Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,000 | 63,562 | 438 | 0.1 | 31% |
| 2013 | 261,000 | 225,915 | 35,085 | 1.8 | 49% |
| 2014 | 287,502 | 220,672 | 66,830 | 5.5 | 54% |
| 2015 | 308,914 | 251,205 | 57,709 | 7.6 | 51% |
| 2016 | 308,763 | 267,562 | 41,201 | 9.0 | 58% |
| 2017 | 304,825 | 300,592 | 4,233 | 8.2 | 52% |
| 2018 | 302,042 | 293,859 | 8,183 | 8.7 | 56% |
| 2019 | 325,040 | 324,266 | 774 | 7.9 | 57% |
| 2020 | 714,091 | 524,928 | 189,163 | 9.2 | 51% |
| 2021 | 1,881,442 | 492,856 | 1,388,586 | 43.6 | 57% |
| 2022 | 852,385 | 696,435 | 155,950 | 32.4 | 40% |
| 2023 | 556,145 | 625,000 | −68,855 | 35.8 | 47% |
| 2024 | 571,230 | 650,186 | −78,956 | 34.7 | 47% |
In its most recent public year (2024), this organization spent $78,956 more than it brought in. Its reserves stood at about 34.7 months of spending, up from 0.1 in 2012. Staff pay was 47% 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 2024. 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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