Canton Economic Development Corporationn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 472,419 | 396,087 | 76,332 | 8.3 | 0% |
| 2012 | 21,051 | 46,574 | −25,523 | 63.6 | — |
| 2013 | 15,921 | 23,743 | −7,822 | 120.8 | — |
| 2014 | 100,454 | 17,211 | 83,243 | 224.7 | — |
| 2015 | 18,854 | 16,367 | 2,487 | 238.2 | — |
| 2016 | 24,180 | 34,414 | −10,234 | 109.7 | — |
| 2017 | 19,756 | 17,863 | 1,893 | 212.6 | 0% |
| 2018 | 19,658 | 14,970 | 4,688 | 259.1 | 0% |
| 2019 | 35,827 | 33,275 | 2,552 | 117.5 | 0% |
| 2020 | 94,302 | 29,387 | 64,915 | 148.9 | — |
| 2021 | 17,907 | 42,691 | −24,784 | 88.8 | — |
| 2022 | 489,478 | 122,297 | 367,181 | 67.0 | 0% |
| 2023 | 430,890 | 119,788 | 311,102 | 99.6 | 0% |
In its most recent public year (2023), this organization brought in $311,102 more than it spent. Its reserves stood at about 99.6 months of spending, up from 8.3 in 2011. 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 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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