Clay County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 277,192 | 248,675 | 28,517 | 3.3 | 41% |
| 2016 | 343,381 | 322,321 | 21,060 | 3.4 | 34% |
| 2017 | 322,564 | 325,725 | −3,161 | 3.1 | 20% |
| 2018 | 386,584 | 330,379 | 56,205 | 5.1 | 38% |
| 2019 | 425,083 | 390,633 | 34,450 | 5.5 | 47% |
| 2020 | 380,844 | 380,563 | 281 | 5.6 | 49% |
| 2021 | 507,358 | 444,756 | 62,602 | 6.5 | 46% |
| 2022 | 541,743 | 549,557 | −7,814 | 5.1 | 45% |
| 2023 | 711,115 | 704,886 | 6,229 | 4.0 | 44% |
In its most recent public year (2023), this organization brought in $6,229 more than it spent. Its reserves stood at about 4 months of spending. Staff pay was 44% of spending. $10,604 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
Clay County Economic Development Corporation'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