Southeast Economic Development Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 498,940 | 126,367 | 372,573 | 35.4 | 53% |
| 2016 | 338,978 | 190,206 | 148,772 | 32.9 | 45% |
| 2017 | 185,511 | 112,500 | 73,011 | 63.4 | 51% |
| 2018 | 123,752 | 159,758 | −36,006 | 41.9 | 36% |
| 2019 | 125,627 | 95,868 | 29,759 | 73.6 | 68% |
| 2020 | 121,707 | 111,020 | 10,687 | 64.7 | 59% |
| 2021 | 100,505 | 121,677 | −21,172 | 57.0 | 56% |
| 2022 | 255,497 | 162,666 | 92,831 | 49.5 | 44% |
| 2023 | 193,678 | 161,446 | 32,232 | 52.2 | 49% |
In its most recent public year (2023), this organization brought in $32,232 more than it spent. Its reserves stood at about 52.2 months of spending, up from 35.4 in 2015. Staff pay was 49% of spending. $281,747 of its net assets are donor-restricted.
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
Southeast Economic Development Fund Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works