Knoxville Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 165,183 | 2,266 | 162,917 | 4090.3 | 0% |
| 2021 | 260,733 | 1,215 | 259,518 | 10191.7 | 0% |
| 2022 | 161,338 | 830 | 160,508 | 17239.7 | 0% |
| 2023 | −298,692 | 2,623 | −301,315 | 4076.7 | 0% |
In its most recent public year (2023), this organization spent $301,315 more than it brought in. Its reserves stood at about 4076.7 months of spending, down from 4090.3 in 2020. Staff pay was 0% of spending.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works