Pierre Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 754,659 | 628,060 | 126,599 | 24.8 | 15% |
| 2012 | 744,138 | 632,068 | 112,070 | 26.8 | 14% |
| 2013 | 797,679 | 684,467 | 113,212 | 27.6 | 14% |
| 2014 | 782,848 | 636,865 | 145,983 | 32.4 | 15% |
| 2015 | 756,651 | 634,886 | 121,765 | 34.8 | 16% |
| 2016 | 791,761 | 627,846 | 163,915 | 38.3 | 16% |
| 2017 | 437,404 | 1,561,470 | −1,124,066 | 6.8 | 7% |
| 2018 | 453,590 | 264,435 | 189,155 | 48.5 | 36% |
| 2019 | 329,727 | 238,826 | 90,901 | 58.2 | 41% |
| 2020 | 330,620 | 259,696 | 70,924 | 54.5 | 38% |
| 2021 | 247,804 | 241,578 | 6,226 | 65.2 | 40% |
| 2022 | 303,470 | 293,911 | 9,559 | 48.8 | 36% |
| 2023 | 322,634 | 285,243 | 37,391 | 51.9 | 41% |
In its most recent public year (2023), this organization brought in $37,391 more than it spent. Its reserves stood at about 51.9 months of spending, up from 24.8 in 2011. Staff pay was 41% 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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