Mccook Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 589,898 | 570,053 | 19,845 | 84.3 | 33% |
| 2012 | 466,017 | 540,632 | −74,615 | 87.3 | 33% |
| 2013 | 190,895 | 444,306 | −253,411 | 99.3 | 37% |
| 2014 | 476,454 | 399,363 | 77,091 | 112.8 | 46% |
| 2015 | 487,666 | 660,636 | −172,970 | 65.1 | 26% |
| 2016 | 47,968 | 349,712 | −301,744 | 112.1 | 42% |
| 2017 | 516,215 | 301,802 | 214,413 | 138.4 | 40% |
| 2018 | 288,593 | 227,954 | 60,639 | 186.5 | 56% |
| 2019 | 219,603 | 233,325 | −13,722 | 181.5 | 54% |
| 2020 | 484,296 | 295,435 | 188,861 | 151.2 | 43% |
| 2021 | 1,276,188 | 375,637 | 900,551 | 147.7 | 36% |
| 2022 | 713,510 | 476,546 | 236,964 | 122.4 | 46% |
| 2023 | 1,409,592 | 397,679 | 1,011,913 | 177.2 | 44% |
In its most recent public year (2023), this organization brought in $1,011,913 more than it spent. Its reserves stood at about 177.2 months of spending, up from 84.3 in 2011. Staff pay was 44% of spending. $2,006,922 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
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