Northeast Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,362,790 | 1,162,029 | 200,761 | 31.3 | 0% |
| 2012 | 2,878,971 | 1,885,304 | 993,667 | 25.6 | 0% |
| 2013 | 698,159 | 750,302 | −52,143 | 63.5 | 0% |
| 2014 | 874,334 | 648,997 | 225,337 | 77.6 | 0% |
| 2015 | 2,100,382 | 807,693 | 1,292,689 | 81.6 | 0% |
| 2016 | 1,185,960 | 767,288 | 418,672 | 92.4 | 0% |
| 2017 | 911,440 | 853,717 | 57,723 | 83.9 | 0% |
| 2018 | 1,127,933 | 1,509,635 | −381,702 | 44.4 | 0% |
| 2019 | 972,885 | 596,178 | 376,707 | 120.0 | 0% |
| 2020 | 2,155,430 | 1,108,142 | 1,047,288 | 75.9 | 0% |
| 2021 | 1,866,623 | 996,077 | 870,546 | 94.9 | 0% |
| 2022 | 1,587,221 | 612,485 | 974,736 | 173.5 | 0% |
| 2023 | 775,884 | 351,152 | 424,732 | 317.1 | 0% |
In its most recent public year (2023), this organization brought in $424,732 more than it spent. Its reserves stood at about 317.1 months of spending, up from 31.3 in 2011. Staff pay was 0% of spending. $9,313,580 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
Northeast Economic Development 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