Entrepreneur Development Center Southwest Tennessee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 928,251 | 1,203,906 | −275,655 | 11.4 | 56% |
| 2021 | 715,894 | 873,546 | −157,652 | 14.3 | 53% |
| 2022 | 610,826 | 748,707 | −137,881 | 14.5 | 50% |
| 2023 | 640,119 | 605,051 | 35,068 | 18.6 | 49% |
| 2024 | 799,360 | 652,870 | 146,490 | 21.0 | 52% |
In its most recent public year (2024), this organization brought in $146,490 more than it spent. Its reserves stood at about 21 months of spending, up from 11.4 in 2020. Staff pay was 52% 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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