Middle Rio Grande Economic Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 59,950 | 39,891 | 20,059 | 13.5 | — |
| 2020 | 64,447 | 51,221 | 13,226 | 8.4 | — |
| 2021 | 24,204 | 43,701 | −19,497 | 4.5 | — |
| 2022 | 98,675 | 62,599 | 36,076 | 10.0 | — |
| 2023 | 99,067 | 124,358 | −25,291 | 2.6 | — |
In its most recent public year (2023), this organization spent $25,291 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 13.5 in 2017.
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
Middle Rio Grande Economic Development Association'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