One Sumter Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 339,312 | 37,926 | 301,386 | 106.4 | 0% |
| 2016 | 363,033 | 226,527 | 136,506 | 25.1 | 0% |
| 2017 | 419,855 | 581,882 | −162,027 | 6.4 | 0% |
| 2018 | 1,376,440 | 411,166 | 965,274 | 37.2 | 29% |
| 2019 | 462,720 | 333,355 | 129,365 | 55.0 | 21% |
| 2020 | 336,762 | 354,553 | −17,791 | 47.0 | 17% |
| 2021 | 302,138 | 199,054 | 103,084 | 85.7 | 46% |
| 2022 | 1,060,926 | 341,272 | 719,654 | 41.5 | 8% |
In its most recent public year (2022), this organization brought in $719,654 more than it spent. Its reserves stood at about 41.5 months of spending, down from 106.4 in 2015. Staff pay was 8% of spending. $615,919 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 2022. 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
One Sumter Economic Development Foundation Inc's IRS filings as a feed — one entry per filing year, through 2022. 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