Cuming County Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 222,870 | 118,251 | 104,619 | 10.6 | — |
| 2016 | 205,980 | 75,770 | 130,210 | 37.0 | 0% |
| 2017 | 1,800 | 84,793 | −82,993 | 24.1 | — |
| 2018 | 89,284 | 56,860 | 32,424 | 42.7 | 0% |
| 2019 | 16,744 | 118,222 | −101,478 | 0.5 | 0% |
| 2020 | 323,058 | 107,749 | 215,309 | 24.5 | 0% |
| 2021 | 1,117,628 | 308,455 | 809,173 | 40.1 | 0% |
| 2022 | 541,797 | 709,497 | −167,700 | 14.6 | 0% |
| 2023 | 1,066,351 | 952,018 | 114,333 | 12.3 | 0% |
In its most recent public year (2023), this organization brought in $114,333 more than it spent. Its reserves stood at about 12.3 months of spending. 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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